Panther Securities’ profit before tax for the year ending 31 December 2014 was £4.2m, down from £8.2m the previous year, according to the company’s annual report.
An independent valuation carried out on Panther Securities’ portfolio found the company had a valuation surplus of £13.1m. This was a product of rising prices in London and the knock-on effect this has had on surrounding areas.
Rents receivable amounted to £12.5m, a slight increase on the previous year.
