McKay Final Results Presentation (31st March 2014) - page 14

MKS /MAY2014

Acquisition:ColumbiaHouse, Farnborough

PORTFOLIO REVIEW

Purchased in July2013 for£2.9m

withhigh (11.1%) initial yield

Freeholddistributionwarehouse

(40,450 sq ft), built in2000

High specificationand close to J4/M3

Let toMay2015at£0.34mpa

5 year lease regear agreed

22.1%valuationgain

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