Page 11 - McKay 2013 Full Year Presentation

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11
Portfolio review
203 Blackfriars Road, SE1
• Vacated September 2011 (ERV: £0.50m pa)
• Comprehensive refurbishment completed July 2012
• Pre-let April 2012
– £0.80m pa (9% over March 2012 ERV)
– 12 year term certain
• 56% valuation surplus (£4.50m)