As at the end of March, the portfolio was independently valued at £124.6mln, up from £114.1mln a year earlier.
The company’s net asset value (unaudited) at the end of March of £78.4mln was equivalent to 277p per share, and was up 20.4% year-on-year and up 95% since the company floated in February 2016.
"This is our third successive year of delivering total return in excess of 20% for investors and is a direct result of our proven strategy and active management approach. Following the significant refinancing and the strategic disposals completed over the course of the year, our balance sheet is stronger than ever with all the essential building blocks now in place for Circle's next phase of growth,” said John Arnold, the chief executive officer of Circle Property.
"We continue to have confidence in capturing the reversionary opportunity in the portfolio and assessing value accretive acquisition opportunities as and when they arise," he added.