3 October 2017
PICTON PROPERTY INCOME LIMITED
(“Picton”, the “Company” or the “Group”)
LEI: 213800RYE59K9CKR4497
Appointment of
non-executive director
Picton (LSE: PCTN), the property investment company, is pleased
to announce that Mark Batten has
been appointed as a Non-Executive Director of the Company with
effect from 1 October 2017.
Mark will in due course become chairman of the Audit & Risk
Committee, taking over this role from Robert Sinclair who will retire from the Board
in 2018, having agreed to stay on for a period to facilitate this
transition.
With more than 25 years of experience in the property sector,
Mark has recently retired from his position as a restructuring
partner at PwC, where he led the UK Real Estate deals practice. He
continues to sit on PwC’s Global Captive Board and is a member of
the Institute of Chartered Accountants in England and Wales.
Nicholas
Thompson, Chairman of Picton, commented:
"We are delighted to welcome Mark to Picton as a Non-Executive
Director. His extensive experience in financial services, real
estate, corporate finance structuring and transactions will broaden
the skill set of our Board.”
For further information:
Tavistock
Jeremy Carey/James Verstringhe, 020 7920 3150,
james.verstringhe@tavistock.co.uk
Picton Capital Limited
Sheryl Bates, 020 7011 9979,
sheryl.bates@picton.co.uk
Note to Editors
Picton is a property investment company established in
2005. It owns and actively manages a £636 million
diversified UK commercial property portfolio, invested across 53
assets and with around 350 occupiers (as at 30 June 2017). Through an occupier-focused,
opportunity-led approach to real estate asset management, Picton
aims to be one of the consistently best performing diversified UK
property companies listed on the main market of the London Stock
Exchange.
For more information please visit: www.picton.co.uk
ENDS