McKay Results for the Six Month Period to 30th September 2014 - page 10

10
MKS /NOV2014
PORTFOLIO REVIEW
TheonlyREIT focusedentirelyon theSouthEastandLondon
Tenantnetworth
(by contracted rent)
£’million
>35.0
64%
15.0 to35.0
3%
7.0 to15.0
2%
1.5 to7.0
8%
0.7 to1.5
4%
< to0.7
19%
Source:Dun&Bradstreet
84%
Banking facilities–Maturities
1 to2 years
16%
5 to10 years
84%
Locations (byvalue)
SouthEast offices
53%
Londonoffices
28%
SouthEast industrial
17%
Other
2%
Occupiermix (by contracted rent)
Financial and
Business Services
33%
ICT
23%
Retail,Distribution
andTransport
20%
Other
3%
Constructionand
33%
9%
8%
4%
20%
3%
23%
2%
28%
53%
17%
64%
2%
8%
3%
4%
»
»
42properties (March2014: 37)
»
»
Portfolio rental value:
£24.68m
1
(March2014: £18.94m)
»
»
Portfolio capital value:
£321.70m(March2014: £254.55m)
»
»
Initial yield: 6.0%
2
(March2014: 6.1%)
Key
Office
Retail
Industrial
Other
New properties
in period
Wimbledon
Banbury
Reading
Bracknell
Bicester
Maidenhead
Newbury
Croydon
Folkestone
Weybridge
Poyle
Crawley
Hook
Fleet
Farnborough
Staines
London
Redhill
Woking
Theale
Windsor
Brentford
Leatherhead
Note: 1.Valuer’sERV 2.On contracted rents
1,2,3,4,5,6,7,8,9 11,12,13,14,15,16,17,18,19,20,...33
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