Edison publishes report on Picton Property Income (PCTN)

London, UK, September 9, 2024

Edison publishes report on Picton Property Income (PCTN)

Edison publishes report on Picton Property Income (LSE: PCTN)

Picton Property Income’s previously agreed sale of a vacant office building in Cardiff to a purpose-built student accommodation developer has taken another step forward. A resolution has been obtained to grant planning permission, clearing the way for the sale to be completed before year-end. The size of the planned development suggests a sale price at the top end of the agreed range, with a positive impact on NAV and earnings.

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End of announcement – EQS News Service

1984391 09-09-2024

The Picton Property Income Stock at the time of publishing the news was down by -0.55 % to 0.736GBP on the London Stock Exchange (September 9, 2024, 12:34 PM).