15th Oct 2007 15:50
Close High Income Properties PLC15 October 2007 Close High Income Properties PLCNet Asset Value AnnouncementAs at 30 September 2007 The Board of Close High Income Properties PLC (the "Company") advises that as atclose of business on 30 September 2007, the unaudited Net Asset Value perOrdinary Share of 1 penny each of the Company was 119.99 pence (31 August 2007:121.91 pence). The unaudited Net Asset Value per "D" Ordinary Share of 1 pennyeach was 89.52 pence (31 August 2007: 98.14 pence). The Net Asset Values incorporate the quarterly external portfolio valuations byDTZ Debenham Tie Leung at 30 September 2007. At this date, the Ordinary ShareProperty Portfolio was revalued downwards by £1,065,000 (0.59%) and the "D"Ordinary Share Property portfolio was revalued downwards by £2,250,000 (5.26%).These downward revaluations amount to a Net Asset Value reduction of 1.38 penceper Ordinary Share and 8.56 pence per "D" Ordinary Share. The Property Portfolios will next be valued by an external valuer as at December2007. Swap valuation movements in the month reduced the Net Asset Value per OrdinaryShare by 0.47 pence and increased the Net Asset Value per 'D' Ordinary Share by0.31 pence. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
IMPT.L