McKay Securities Annual Results to 31 March 2018 - page 22

MCKAY / MAY 2018 /
22
27
%
disposal surplus
for re-investment
Pinehurst Park
Farnborough
£5.8m £0.3m £0.5mpa
Purchased May 2012
Value release from residential
72% return on cost
Runnymede Focus
Egham
£19.6m £5.1m £0.9mpa
Constructed by McKay in the late 1970s
Capitalised on market demand
4.2% disposal yield
Albion House
Newbury
£1.4m £0.3m £0.1mpa
Disposal post lease regear
£26.8m £5.7m £1.5mpa
Proceeds
(net)
Surplus
Rent
Total
1...,12,13,14,15,16,17,18,19,20,21 23,24,25,26,27,28,29,30,31,32,...36
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