Ediston Property Investment Company plc ('Ediston' or 'the Company') is a UK-listed Real Estate
Investment Trust (REIT) investing in commercial property throughout the UK.

8 July 2022

Sale of Leisure Unit at Southwater Square, Telford

The Company has sold its leisure asset at Southwater Square, Telford, which is let to Rank Group Gaming Division Limited on a lease which expires on 28 September 2022. The sale price of £5,000,000 is 67% above the most recent valuation of the property (31 March 2022). The property was acquired by an owner-occupier.

The sale is in line with the revised investment strategy, announced in Q3 2021, to sell its office and leisure assets and to reinvest the proceeds in retail warehouses. Southwater Square was the last non-retail warehouse property in the portfolio.