StockMarketWire.com - Ediston Property Investment Co's net asset value at 31 March was £97.4m or 102.56p per share - an increase of 6.7% in the five months from its launch, after deducting costs.

The biggest single contributor to the rise in NAV was the restructure of the Sheffield lease.

The property return during the five month period the assets were held was 9.96% made up of an increase in capital value of 7.75% with the balance from income.

The share price increased by 8% from the 100 pence at launch. The addition of the dividend income of £1.79m, or 1.8851 pence per share during the period provided a share price total return of 9.89% over the five months. As at 31 March the share price stood at a premium of 5.3% to the NAV at the same date.


At 8:46am: [LON:EPIC] Ediston Property Investment Company Plc Ord 1p share price was -0.88p at 111.25p



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