We are pleased to share our latest annual report, reflecting on a year of significant progress and delivery across our rail property portfolios. In challenging market conditions, we celebrated our 20th year by achieving record revenues for clients, driven by strong momentum that continues to reshape stations, strengthen communities and enhance commercial performance across the rail network.

The report highlights the breadth of activity delivered over the past 12 months, from securing 116 new lettings and completing 60 lease renewals and over 100 rent reviews, to delivering capital investment programmes, store refreshes and brand conversions that are already generating strong sales growth. It also showcases the continued expansion of our social value commitment, with more than 10 projects transforming underused station spaces into valuable community assets, building on industry recognition for our collaborative, partnership led approach.

Looking ahead, we enter the coming year with a strong pipeline of opportunity across all portfolios. With new client appointments, seamless portfolio transitions and continued collaboration with tenants and partners, we remain focused on unlocking long term commercial value while improving the customer experience and strengthening local connections across the rail estate.

You can read more and download the full report at PC&I Annual Report