Welcome to TR Property Investment Trust plc's website.
TR Property is a
UK-based investment company, listed on the FTSE 250 index, which invests in
Pan European equities and UK direct property on behalf of its shareholders.
Annual Report and Accounts Released (11/06/2008)
Report and Accounts for the year ended 31 March 2008 now
available:
Click to begin download (1.9 MB)
Financial Highlights & Performance
| Ordinary Shares | Year ended
31/03/2008 | % Change |
| Revenue earnings per Ordinary share | 5.79p | +41.6% |
| Net dividend per Ordinary share | 5.60p | +36.6% |
| NAV per Ordinary share | 219.61p | -24.5% |
| Benchmark performance – total return | | -23.0% |
| NAV performance – total return | | -22.9% |
Subject to shareholder approval at the Annual General Meeting on 29 July 2008
a final dividend of 3.30p per Ordinary share has been declared payable on 5 August 2008
to shareholders on the register on 4 July 2008. The shares will be quoted ex-dividend
on 2 July 2008.
| Sigma Shares | Year ended
31/03/2008 | % Change |
| Revenue earnings per Sigma share | 0.85p | n/a* |
| Net dividend per Sigma share | 0.85p | n/a* |
| NAV per Sigma share | 108.64p | -11.16 |
| Benchmark performance – total return | | -10.1% |
| NAV performance – total return | | -10.5% |
Subject to shareholder approval at the Annual General Meeting on 29 July 2008
a final dividend of 0.65p per Sigma share has been declared payable on 5 August
2008 to shareholders on the register on 4 July 2008. The shares will be quoted
ex-dividend on 2 July 2008.
*The Sigma share class was created on 24 July 2008 therefore there are no
comparative earnings or dividends.
Ordinary Shares
The Investment Objective of the Ordinary Shares is to maximise Shareholders' total returns by
investing in property shares and property on an international basis.
Sigma Shares
At an EGM on 24th July 2007 the Shareholders approved the creation of an new share class of "Sigma" Shares.
The Investment Objective of the Sigma Shares is to maximise Shareholders' total returns by investing predominantly
in shares of property companies with a market capitalisation of less than £1 billion, on an international basis.
Latest Fund Manager Commentaries
Ordinary Shares
"UK property shares had a wretched month, declining by 9.4%. Sentiment was hurt from all directions – banking, housing, inflation, the economy, falling retail sales and rising unemployment. Stocks linked, or perceived to be linked, to residential markets took their cue from the house-building sector..."
Read more >>
Sigma Shares
"The FTSE EPRA/NAREIT Europe Index fell -4.9% (GBP) but this masks a dramatic underperformance from the UK stocks which fell -9.4% (GBP) whilst the remainder of Europe fell only -2.1% (EUR). For the first time this year, Euro/Sterling was virtually unchanged on the month. It was a busy month of reporting,..."
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Regulatory News Announcement (approved for release by the London Stock Exchange):
Net Asset Value(s) - TRY
Last updated: 2008-07-23 13:03:07
Read more >>
Please note: past performance cannot be relied on as a guide to future performance.
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