Established in 2005, Picton is a Real Estate Investment Trust investing in UK commercial property. Our diversified portfolio consists of 49 assets across the industrial, office, retail and leisure sectors with around 400 occupiers, and was valued at £766 million at 31 March 2023.
Through our occupier focused, opportunity led approach, we aim to be one of the consistently best performing diversified UK REITs. To us this means being a responsible owner of commercial real estate, helping our occupiers succeed and being valued by all our stakeholders.
We are committed to integrating sustainability within all our business activities and in a way that makes a positive contribution to society, whilst minimising any negative impact on people, local communities and the environment.
Our sustainability policy guides our long-term sustainability priorities. We have in place a sustainability framework based on our key material issues and continue to review these key priorities annually.
We have committed to be net zero carbon for our operational and embodied emissions by 2040.
We have established a Climate Action Working Group to ensure we continue to make good progress against our net zero carbon pathway.
This includes decarbonising assets where possible by the removal of gas supplies and implementing on-site renewable installations across priority assets as part of our ongoing refurbishment programmes across the portfolio.
Access Picton’s Sustainability Reporting here.
“As members of the Better Buildings Partnership, we are part of a growing movement within the industry that has recognised the requirement and urgency to change how our industry manages sustainability.”Michael Morris, Chief Executive, Picton
*Please note that the information on this page was supplied by the MAP Member and the BBP assumes no responsibility or liability for any errors or omissions in the content