Secure and growing income

·    12% increase in annualised passing rent to £113.1 million, reflecting:

o  4% average like-for-like rental uplift

o  Accretive acquisitions in the year

·    100% occupancy and 100% rent collection since IPO

o  75% of rental income from Tesco and Sainsbury’s

·    4.4% increase in adjusted EPS to 6.08 pence driven by rental growth and accretive acquisitions

·    Fully covered FY24 dividend

·    FY25 target dividend increased to 6.12 pence per share