13
Valuation and income gains
PORTFOLIO REVIEW
• 11%
increase (£1.31m)
•
Further positive yield shift
following refurbishment in 2012
• 58%
surplus over cost from
refurbishment
• 36%
increase (£1.8m)
•
Retention of tenant at lease
expiry at higher rent
•
Gains from active management
of a quality building
• 21%
increase (£0.9m)
•
Letting of Building 2 and
prospective lettings of Units 1
and 3 at improved rents
•
Gains from letting
at improved rents
203
Blackfriars Road,
SE1
Sopwith Drive,
Weybridge
Switchback Business Park,
Maidenhead