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Ediston NAV rises in Q1

Ediston Property Investment Company’s net asset value rose in the first quarter of 2015 as occupancy increased across its portfolio.

The company’s NAV increased by 1.46% quarter-on-quarter to £97.43m, or 102.56p per share, at the end of March.

The portfolio’s value increased by 2.6% to £86.3m during Q1 and vacancy rates fell to 8.5% of rental value.

mike.cobb@estatesgazette.com

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