Ediston Property Investment Company plc (LSE:EPIC) entered into legally binding agreement to acquire initial property portfolio of five properties for £76.7 million on October 15, 2014. The properties comprising the initial property portfolio are located in Birmingham, Edinburgh, Rhyl, Reading and Sheffield. The initial property portfolio generates net annual rent of £5.72 million.

Ediston Property Investment Company plc (LSE:EPIC) completed the acquisition of initial property portfolio of five properties on November 7, 2014.