Highlights

Our key financial highlights taken from our latest Report and Accounts.

TOTAL property return

2014
£140.1M
2015
£155.3M
2016
£164.6M
2017
£79.9M
2018
£68.8M

profit before tax

2014
£101.7M
2015
£87.4M
2016
£114.0M
2017
£41.6M
2018
£30.8M

epra earnings per share

2014
33.3p
2015
2.4p
2016
17.1p
2017
0.5p
2018
-7.0p

see-through portfolio value

2014
£801.7M
2015
£1021.4M
2016
£1240.0M
2017
£1205.2M
2018
£909.6M

net assets

2014
£340.5M
2015
£404.4M
2016
£480.7M
2017
£516.9M
2018
£533.9M

epra net asset value per share

2014
313P
2015
385P
2016
456P
2017
473P
2018
468P

Portfolio return — ipd

2014
23.8%
2015
20.4%
2016
21.7%
2017
9.4%
2018
11.1%

total shareholder return

2014
61.1%
2015
7.6%
2016
1.0%
2017
-18.0%
2018
6.1%

total dividend declared per share

2014
6.75P
2015
7.25P
2016
8.17P
2017
8.60P
2018
9.50P

see-through loan to value

2014
46%
2015
52%
2016
55%
2017
51%
2018
39.9%

EPRA triple net asset value per share

2014
311p
2015
364p
2016
424p
2017
442p
2018
448p

interest cover ratio

2014
8.3X
2015
2.5X
2016
5.4X
2017
2.6X
2018
1.3X