2 April
2024
PICTON PROPERTY INCOME
LIMITED
('Picton', the 'Company' or
the 'Group')
LEI:
213800RYE59K9CKR4497
Saira Johnston joins the
Board and commences role as Chief Financial
Officer
Picton is pleased to announce that
effective 1 April 2024, Saira Johnston joined the Board as Chief
Financial Officer.
As previously announced on 12
October 2023, Saira brings extensive real
estate experience to Picton, having spent more than 20 years
working in the sector. She has held senior finance positions across
the industry, most recently as CFO of Gravis Capital Management
Limited, which has an established business of managing listed real
estate and infrastructure assets. Saira's previous roles were at
Moorfield Group, CBRE Global Investors/ING Real Estate and Morgan
Stanley Real Estate Funds.
Lena Wilson CBE, Chair at Picton, commented: "On behalf
of the Board, we are delighted to welcome Saira, a highly regarded
CFO with a proven track record in real estate finance, to the
business. She brings a wealth of experience and complementary
skills to Picton which will ensure we maintain our disciplined
approach to capital allocation, with a focus on earnings
growth."
Saira Johnston, Chief Financial Officer at Picton,
added: "I am delighted to have
joined a company that is well regarded, with a long term track
record and that has consistently outperformed the MSCI UK Quarterly
Property Index since launch. I am looking forward to working with
the team to further develop its strategy."
Andrew Dewhirst, who is retiring
from the Company as previously announced, has stepped down from the
Board and will leave the business following a smooth transition and
delivery of the 2024 Annual Report and Accounts.
The Board would like to take this
opportunity to thank Andrew for his commitment and financial
leadership since 2011 and wish him well in retirement.
As at 2 April 2024, Saira Johnston
holds 20,434 Picton shares.
There are no other details that are
required to be disclosed in respect of Rule 9.6.13 of the Listing
Rules.
For
further information:
Tavistock
James Verstringhe
020 7920 3150,
james.verstringhe@tavistock.co.uk
Picton
Kathy Thompson, Company
Secretary
020 7011 9988,
kathy.thompson@picton.co.uk
About Picton
Picton, established in 2005, is a UK
REIT. It owns and actively manages a £745 million diversified UK
commercial property portfolio, invested across 49 assets and with
around 400 occupiers (as at 31 December 2023).
Through an occupier focused,
opportunity led approach to asset management, Picton aims to be one
of the consistently best performing diversified UK focused property
companies listed on the main market of the London Stock
Exchange.
For more information please
visit: www.picton.co.uk