McKay Securities Annual Results to 31 March 2018 - page 3

MCKAY / MAY 2018 /
3
14.3
%
increase in
final
dividend
Strategy
Transformational year, capturing reversion and delivering
on the 2014 capital raising strategy
Development programme de-risked, with a record year of
lettings (ahead of ERV) to increase future earnings
Portfolio positioned to benefit from structural supply
constraints in the UK’s strongest regions of London and
the South East
Outperformance: 36% TSR (FTSE 350 Real Estate: 8%)
Portfolio value, contracted income and ERV all at record highs
Review of the year
1,2 4,5,6,7,8,9,10,11,12,13,...36
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