Picton Property Income Limited Annual Report 2022

Portfolio Review

We are a diversified Real Estate Investment Trust (REIT) investing in UK commercial property. Our property portfolio consists of 47 assets with currently 60% invested in the industrial sector. Portfolio overview

Industrial weighting

Office weighting

Retail and Leisure weighting

60% South East

30% Central London

10% Retail Warehouse High Street Rest of UK

44% 16%

11% 10%

7% 2% 1%

Rest of UK

Rest of UK South East

9%

Leisure

Read more on pages 38–39

Read more on pages 40–41

Read more on pages 42–43

Annualised total property return (%)

 Picton

 MSCI UK Quarterly Property Index

30

25

20

15

10

0

1 year

3 year

5 year

10 year

Since inception

Picton Property Income Limited Annual Report 2022

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