14th Jul 2006 10:30
Teesland Advantage Property Inc Tst14 July 2006 Teesland Advantage Property Income Trust Limited ("TAP" or " The Company") Net Asset Value as at 30 June 2006 TAP, the listed UK commercial property investment company, which is advised byTeesland Asset Management Limited, a wholly owned subsidiary of Teesland iOG,reports its Net Asset Value ("NAV") on a quarterly basis. TAP's unaudited NAVper Ordinary Share as at 30 June 2006 was 112.7 pence compared with 108.3 penceat 31 March 2006. The NAV figure incorporates the external portfolio valuation at 30 June 2006 andincludes the impact of the acquisitions announced on 4 July 2006. The NAV attributable to Ordinary Shares is calculated under InternationalFinancial Reporting Standards. The portfolio will next be valued as at 30September 2006 with the NAV published in October 2006. For further information: Brett Robinson, Teesland plc: 020 7659 6666Darren Fennell, Teesland plc 020 7659 6666Jeremy Carey/Richard Sunderland Tavistock Communications Limited 020 7920 3150Anson Fund Managers Limited, Company Secretary 01481 722260 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TAP.L