By David Parsley2019-11-18T08:13:00
McKay Securities has produced a 2.1% rise in net asset value (NAV) during the first half of the year, alongside strong rental growth.
NAV at McKay hit 333p per share for the six months to the end of September, compared to 326p at the end of March, while gross rental income rocketed 20.8% to £12.61m, compared to £10.43m at the same point last year. Net rental income was up 22.8% to £11.27m, as pre-tax profit was up 17.6% to just over £5m.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.