MKS / NOV 2016 /
4
INTRODUCTION
CONTINUED GROWTH IN RENTS AND ERV
(1)
•
6.4% increase: (£1.35m pa) in annualised
rental income (contracted rent) to £22.45m pa
•
2.5% growth (£0.77m pa) in
ERV to £32.21m pa
•
Substantial 43.5% portfolio reversion
of £9.77m pa
•
Rental growth ahead of IPD
-1.0 -0.5 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0
All property
South East offices
London offices
South East industrials
IPD (Monthly index)
McKay portfolio
% change (6 months)
1. ERV = Estimated full portfolio rental value
