Financial highlights
| Six Months to 30 September 2018 | Six Months to 30 September 2017 | Six Months to 31 March 2018 | |
|---|---|---|---|
| Total NAV return per share | 8.08% | 7.15% | 11.91% |
| EPRA NAV per share | 113.00 pence | 105.01 pence | 107.67 pence |
| Earnings per share | 8.70 pence | 9.26 pence | 15.12 pence |
| Dividend per share | 2.75 pence | 1.00 pence | 4.00 pence |
| Adjusted earnings per share | 3.17 pence | 1.49 pence | 5.05 pence |
| EPRA earnings per share | 2.80 pence | 1.13 pence | 4.20 pence |
| Operating profit | £18.39 million | £10.01 million | £20.07 million |
| Portfolio valuation | £318.79 million | £159.92 million | £278.92 million |
| Loan to value ratio | 29% | 29% | 30% |
| Average fixed cost of debt | 2.90% | 2.93% | 2.90% |
| Average debt maturity | 11 years | 12 years | 11 years |
Operational highlights
| Six Months to 30 September 2018 | Six Months to 30 September 2017 | Six Months to 31 March 2018 | |
|---|---|---|---|
| Average acquisition NIY | 5.98% | 5.94% | 6.03% |
| Rents containing index-linked or fixed uplifts | 97% | 96% | 96% |
| WAULT to first break | 23 years | 24 years | 24 years |
| Portfolio let or pre-let | 100% | 100% | 100% |
| Property Sectors | 9 | 8 | 9 |
| Separate tenants | 29 | 17 | 25 |
| Acquisitions made 'off market' | 83% | 84% | 84% |
| Geared IRR on disposals | 47% | n/a | n/a |