In its annual results out today (22 May), the trust’s profits after tax stood at £37.3m, or 6.9p per share, following a £4.8m loss posted in 2024.
The trust’s EPRA earnings were also up 5%, hitting £22.8m, while its net assets rose from £524.5m in 2024 to £533.4m this year.
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The 4% growth in the trust’s net assets and its 5% rise in EPRA earnings per share led to a total return of 8.1%, according to Michael Morris, chief executive of Picton.
“Over the same period, our shareholder total return was 16%, reflecting an improve…
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