UK's Picton Property Income rises on announcing strategic review

Picton Property Income

13/01/2026 12:23

** Shares of real estate investment trust Picton Property Income PCTN.L up 8% at 83.4p

** PCTN announces commencement of strategic review to explore all options for maximising shareholder value

** Board to consider options for merger with other UK REITs, alongside other forms of consolidation

** "A persistent discount and a shrinking capital base have led to the decision to launch a strategic review and formal sale process," Peel Hunt analysts say in a research note

** In 2025, stock rose nearly 16%

(Reporting by Ankita Bora in Bengaluru)

((Ankita.Bora@thomsonreuters.com))