Ediston Property Investment Company

Name
Ediston Property Investment Company
Manager
Ediston Investment Services Limited
Type
Closed Ended Investment Company
ISIN
GB00BNGMZB68
Sector
Property - UK Commercial
Launched
28/10/2014
OCF
1.29 %
3 Year Sharpe
0.18
Yield
5.2 %
Fund Size
£ 207.11 million
NAV
111
Gearing
142
Discount Premium
-11
To provide shareholders with an attractive level of income together with the prospect of income and capital growth. The Company will pursue its investment objective by investing in a diversified portfolio of UK commercial properties. It will invest principally in three commercial property sectors: office, retail (including retail warehouses) and industrial, without regard to a traditional property market relative return benchmark.
Holding %
Retail Warehouse 68.30 %
Office 22.28 %
Leisure 2.75 %
Name
Ediston Investment Services Limited
Address
EH2 2HN, Edinburgh, United Kingdom
Legal Structure
Closed Ended Investment Company

Managers

Graham Lind
Joined 03/31/2015

Graham is responsible for the asset management of a number of EPIC REIT’s properties and for the acquisition of investment opportunities. He has an agency and investment background, with previous experience in advising institutions and property companies on the acquisition and disposal of retail investments, particularly retail warehouse assets. Prior to joining Ediston in March 2015, he was Associate Partner at Wilkinson Williams, where he spent four years as an investment surveyor, and before that, had a similar role at JLL for 7 years.

Danny O'Neill
Joined 10/28/2014

Danny O’Neill BSc., MRICS, DipPropInv, is founder and Chief Executive of Ediston and has 22 years’ experience in real estate markets. Before founding Ediston in 2004, Danny was Investment Director at Standard Life Investments (SLI) where he was responsible for managing £2.0 billion of UK real estate assets invested across three funds, for corporate and retail clients. He set up and launched the segregated property business at SLI and won the company’s first third party mandates in 2001 and 2002. At Ediston he is responsible for transacting investment and development opportunities, and for business growth.

Calum Bruce
Joined 10/28/2014

Calum Bruce BSc (Hons) MRICS, joined Ediston from Scottish Widows Investment Partnership where he was involved with both wholesale and institutional mandates. Calum was Fund Manager of the £160 million real estate element of the Halifax Managed Income Fund, a fund which aimed to provide an above average income return and capital growth over the longer term. He was Deputy Fund Manager of LTGP Limited Partnership Incorporated, a pension fund with direct and indirect assets of approximately £750 million. Prior to this appointment he worked on the SWIP Property Trust, an Authorised Property Unit Trust marketable to retail and institutional investors. He was involved from launch and in growing it from approximately £600 million to over £1 billion in value.

Rankin Laing
Joined 10/28/2014

Rankin Laing FCCA, DipPropInv, is Financial Director and is responsible for fund administration, client reporting, company structures, accounting, taxation, treasury, property appraisals and performance measurement and analysis. He joined Ediston in 2007. Prior to joining Ediston, Rankin spent six years at Waterfront Edinburgh Ltd as Deputy Chief Executive where he was responsible for finance and business planning. Before this, he worked at Standard Life Investments where he managed the finance team responsible for real estate assets of more than £6 billion. Rankin is a Fellow of the Association of Chartered Certified Accountants and holds a Postgraduate Diploma in Property Investment.

Alastair Dickie
Joined 10/28/2014

Alastair is responsible for securing and delivering investment, development and asset management opportunities and managing the existing investment portfolio, with a focus on the retail sector. Before joining Ediston, he spent 10 years as Director at Macdonald Estates, where he was responsible for purchasing and developing in excess of £250 million of assets and secured consent for over 2 million sq ft of retail floorspace. Prior to that, he worked at Scottish & Newcastle, developing hotels, restaurants and pubs throughout the north of England and Scotland.

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