McKay Securities Annual Results to 31 March 2018 - page 17

MCKAY / MAY 2018 /
17
Heading
Unlocking the
portfolio potential
Record year for lettings
26 open market lettings
£7.0m pa combined rental
1.9% ahead of ERV
Planning consent granted
for major distribution warehouse at
Theale, Reading increasing ERV by 92.7%
Strong tenant retention
59.5% retention at lease break / expiry
10 lease renewals –
17.5% over passing
3.9% over ERV
27.3
%
/
£5.7m surplus
realised on three disposals
1...,7,8,9,10,11,12,13,14,15,16 18,19,20,21,22,23,24,25,26,27,...36
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