TR PROPERTY INVESTMENT TRUST PLC

TR PROPERTY INVESTMENT TRUST PLC

Previous company name
TR PROPERTY INVESTMENT TRUST PLC
Name change date
3/31/1994
Company Overview
TR Property Investment Trust PLC, based in London, is a public limited company whose principal activity is that of an Investment Trust. The company is listed on the FTSE 250 index, which invests in Pan European equities and United Kingdom’s direct property on behalf of its shareholders. TR Property Investment Trust was formerly known as TR Property Investment Trust PLC and it was incorporated in May 1905.
TR Property Investment Trust’s objective is to maximise shareholders’ total returns by investing in property shares and property on an international basis. The company’s investment selection process seeks to identify well-managed companies of all sizes, especially those with a focus on a particular type of real estate business.
TR Property Investment Trust is an Investment Company within the meaning of Section 266 of the Companies Act 1985. The company has been approved by the Inland Revenue as an Investment Trust for the purposes of Section 842 of the Income and Corporation Taxes Act 1988 for the year ended March 2001. Henderson Global Investors Limited provides investment management, accounting, secretarial, administrative and UK custodial services.
The company holds both a direct and indirect portfolio of investments. Direct portfolio includes The Colonnades, Bishops Bridge Road, London W2; The Colonnades, Bishops Bridge Road, London W2; Elizabeth House, Duke Street, Woking, Surrey; Cambridge Science Park, Cambridge; Ferrier Street Industrial Estate, Ferrier Street, Wandsworth SW18; Exchange House, Liphook; and Locke King House, Balfour Road, Weybridge.
Some of the company’s listed subsidiaries are The Property Investment Trust Limited, The Real Estate Investment Trust Limited, The Terra Property Investment Trust Limited, TR Property Finance Limited, Trust Union Finance Limited, Trust Union Properties (Bayswater) Limited, Trust Union Properties (Cardiff) Limited, Trust Union Properties (Number Eight) Limited, Trust Union Properties (Number Eighteen) Limited, and Trust Union Properties (Number Eleven) Limited.
Business Summary
The Company is a UK-based investment company, listed on the FTSE 250 index, which invests in Pan European equities and UK direct property on behalf of its shareholders.
Description and history
The Company is a UK-based investment company, listed on the FTSE 250 index, which invests in Pan European equities and UK direct property on behalf of its shareholders. The objective of the Company is to maximise shareholders’ total returns by investing in property shares and property on an international basis. Around 93% of the Company’s assets are currently invested in Pan-European listed property securities with the balance in directly owned UK real estate.

For the financial year to 31 March 2007 the Benchmark has been the S&P/Citigroup European Property Index in Sterling. With effect from 1 April 2007 the Benchmark is the FTSE EPRA/NAREIT Europe Index in Sterling. This index, calculated by FTSE, is freefloat based and currently has 101 constituent companies.

HISTORY

The Company was incorporated on 5 May 1905. Its shares are listed on the London Stock Exchange on 11 March 1953.

Formerly known as TR Property Investment Trust PLC

Business Line
Investment trust
Subsidiary
F.G.H. (NEWCASTLE) LIMITED
Advisor
ERNST & YOUNG LLP
IPO date
3/11/1953
US SIC Code
6726
Company Address
51, Berkeley Square

City province or state postal code
W1J 5BB, LONDON
Phone: +44 20 7360 1200
Fax: +44 20 7360 1300
Country address: UNITED KINGDOM
Website url: www.trproperty.com