Assura has announced its preliminary results for the year ended 31 March 2016. It saw a 3.9% growth in diluted EPRA NAV per share to 45.8 pence. Profit before tax fell to GBP28.8 million from GBP36.6 million after GBP34.1 million debt early repayment costs. The enlarged property portfolio delivered a Total Property Return of 8.9%. Assura raised GBP300 million, net of expenses, in an equity raise this year to fund our investment programme. Since the fund raise, they have made property additions of GBP79 million, reduced net debt by GBP193 million and have a pipeline of further property acquisitions and developments of GBP134 million. Gearing is now at 30%. AGR : Assura has £134m investment pipeline