McKay Annual Results 12 months to 31st March 2016 - page 21

MKS / MAY 2016 /
21
CLEAR FOCUS FOR RENTAL GROWTH
PORTFOLIO REVIEW
ERV £31.44m pa
Contracted rent
£21.1m pa
100%
% of
total
62%
65%
March 2016
March 2015
March 2014
Developments
Voids
Renewal/review
£5.85m pa
£2.27m pa
£2.22m pa
ACQUISITIONTIMELINE
£73 million of acquisitions since 2014 Capital raising
January 2014
Acquisition:
Crown Square,
Woking
Headline:
£6.0m
Yield:
9.3% initial
March 2014
Acquisition:
Ashcombe House,
Leatherhead
Headline:
£4.4m
Yield:
7.4% initial
April 2014
Acquisition:
The Mille,
Brentford
Headline:
£19.3m
Yield:
7.7% initial
May 2014
Acquisition:
9 Greyfriars Road,
Reading
Headline:
£5.8m
Yield:
Vacant
2014
JAN
2015
JAN
FEB
MAR
APR
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
ACQUISITIONTIMELINE
£73 million of acquisitio s since 2014 Capital raising
January 2014
Acquisition:
Crown Square,
Woking
Headline:
£6.0m
Yield:
9.3% initial
March 2014
Acquisition:
Ashcombe House,
Leatherhead
Headline:
£4.4m
Yield:
7.4% initial
April 2014
Acquisition:
The Mille,
Brentford
Headline:
£19.3m
Yield:
7.7% initial
May 2014
Acquisition:
9 Greyfriars Road,
Reading
Headline:
£5.8m
Yield:
Vacant
2014
2015
ACQUISITIONTIMELINE
£73 million of acquisitions sin
January 2014
Acquisition:
Crown Square,
Woking
Headline:
£6.0m
Yield:
9.3% initial
March 2014
Acquisition:
Ashcombe House,
Leatherhead
Headline:
£4.4m
Yield:
7.4% initial
2014
JAN
FEB
MAR
APR
MAY
JUN
JUL
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