on Edison Investment Research Limited (LON:KEFI)
Edison Issues Report on Picton Property Income (PCTN)
Edison Investment Research Limited has released a new report on Picton Property Income (LSE: PCTN), highlighting positive developments in the company's recent transaction.
Picton Property Income has moved closer to completing the sale of a vacated office building in Cardiff. The sale is directed towards a developer specializing in purpose-built student accommodation. Securing planning permission is a significant milestone, suggesting the sale will finalize by year-end.
The development's scale indicates a sale price at the higher end of the agreed range, which is expected to positively impact the company's Net Asset Value (NAV) and earnings.
R. P.
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