11
MKS /MAY2014
PORTFOLIO REVIEW
TheonlyREIT focusedon 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
44%
Londonoffices
33%
SouthEast industrial
20%
Other
3%
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%
3%
33%
44%
20%
64%
2%
8%
3%
4%
»
»
37properties
1
(March2013: 33)
»
»
Portfolio rental value:
£18.94m
1
(March2013: £16.77m)
»
»
Portfolio capital value:
£254.55m
1
(March2013: £212.94m)
»
»
Initial yield: 6.1%
2
(March2013: 7.1%)
Key
Office
Retail
Industrial
Other
New properties
Wimbledon
Banbury
Reading
Bracknell
Bicester
Maidenhead
Newbury
Croydon
Folkestone
Weybridge
Poyle
Crawley
Hook
Fleet
Farnborough
Staines
London
Redhill
Woking Leatherhead
Note: 1.Asat31March2014 2.On contracted rents
