A&J Mucklow unveiled half-year pre-tax profits up nearly 5% to £7.19m.
Total rental income at the West Midlands-based company climbed £600,000 to £11.1m. Net asset value per share rose by more than 15% to 211p following a series of disposals worth £11m and the purchase of two industrial buildings, two office blocks and development land.
It announced its highest recorded occupancy rates for commercial and industrial units. Vacant space fell from a year-end low of 3.5% to 2.5%.
Financial Times 26/02/99 page 20
