top of page
Writer's pictureAdam Strydom

Office Repurposing Progress

Picton Property Income Limited’s previously, an internally managed UK REIT that invests in a diversified portfolio of commercial property across the UK, agreed sale of a vacated office building in Cardiff, to a purpose-built student accommodation developer, has taken a further step forward. A resolution to grant planning permission has been secured, paving the way for sale completion before the end of the year. The scale of the planned development indicates a sale price at the top end of the agreed range, with a positive impact on NAV and earnings.

9 September 2024




0 views0 comments

Comentários


bottom of page