Edison issues report on Picton Property Income (PCTN)

 

 

 

Edison Investment Research LimitedEdison issues report on Picton Property Income (PCTN) 09-Sep-2024 / 11:53 GMT/BSTThe 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.

Click here to read the full report.

All reports published by Edison are available to download free of charge from its website

www.edisongroup.com

Edison is authorised and regulated by the Financial Conduct Authority.

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitations to buy or sell any securities.

For more information, please contact Edison:

enquiries@edisongroup.com

+44 (0)20 3077 5700

Connect with Edison on:

 

LinkedIn www.linkedin.com/company/edison-group-/

X  www.x.com/edison_inv_res

YouTube www.youtube.com/edisonitv

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