PCTN Picton Property Income Limited

Edison issues report on Picton Property Income (PCTN)

Edison Investment Research Limited
Edison issues report on Picton Property Income (PCTN)

09-Sep-2024 / 11:53 GMT/BST
The issuer is solely responsible for the content of this announcement.

 

London, UK, 9 September 2024

 

Edison issues report on Picton Property Income (PCTN)

Edison issues report on Picton Property Income (LSE: PCTN)

Picton Property Income’s previously 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.

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Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
End of Announcement - EQS News Service

1984391  09-Sep-2024 

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EN
09/09/2024

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Edison issues report on Picton Property Income (PCTN)

Edison Investment Research Limited Edison issues report on Picton Property Income (PCTN) 09-Sep-2024 / 11:53 GMT/BST The issuer is solely responsible for the content of this announcement.   London, UK, 9 September 2024   Edison issues report on Picton Property Income (PCTN) Edison issues report on Picton Property Income (LSE: PCTN) Picton Property Income’s previously 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 ...

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