Picton Property Income Limited Annual Report 2023

Financial Review

A year marked by resilient income, despite valuation movements

Rental income has increased by 7% compared to 2022. Andrew Dewhirst Finance Director £570m EPRA NDV

£548m EPRA NTA

2022: £650m 2021: £507m

2022: £657m 2021: £528m

100p Net assets per share 2022: 120p 2021: 97p 112% Dividend cover 27% Loan to value 2022: 21% 2021: 21% 2022: 115% 2021: 134%

3.5p Dividends per share 2022: 3.4p 2021: 2.8p 3.9p EPRA earnings

per share 2022: 3.9p 2021: 3.7p

£21m EPRA earnings

2022: £21m 2021: £20m

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Picton Property Income Limited Annual Report 2023

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