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We permit the publication of our auditors’ report, provided the report is published in full only and is accompanied by the full financial statements to which our auditors’ report relates, and is only published on an access-controlled page on your website https://www.hermes-investment.com, to enable users to verify that an auditors’ report by independent accountants has been commissioned by the directors and issued. Such permission to publish is given by us without accepting or assuming any responsibility or liability to any third party users save where we have agreed terms with them in writing.

Our consent is given on condition that before any third party accesses our auditors’ report via the webpage they first document their agreement to the following terms of access to our report via a click-through webpage with an 'I accept' button. The terms to be included on your website are as follows:

I accept and agree for and on behalf of myself and the Trust I represent (each a "recipient") that:

  1. PricewaterhouseCoopers LLP (“PwC”) accepts no liability (including liability for negligence) to each recipient in relation to PwC’s report. The report is provided to each recipient for information purposes only. If a recipient relies on PwC’s report, it does so entirely at its own risk;
  2. No recipient will bring a claim against PwC which relates to the access to the report by a recipient;
  3. Neither PwC’s report, nor information obtained from it, may be made available to anyone else without PwC’s prior written consent, except where required by law or regulation; and
  4. PwC’s report was prepared with Hermes Property Unit Trust's interests in mind. It was not prepared with any recipient's interests in mind or for its use. PwC’s report is not a substitute for any enquiries that a recipient should make. The financial statements are as at 25 March 2016, and thus PwC’s auditors’ report is based on historical information. Any projection of such information or PwC’s opinion thereon to future periods is subject to the risk that changes may occur after the reports are issued and the description of controls may no longer accurately portray the system of internal control. For these reasons, such projection of information to future periods would be inappropriate.
  5. PwC will be entitled to the benefit of and to enforce these terms.
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Email Disclaimer

This is an email communication from Hermes Fund Managers Limited, or from one of its subsidiary or associated companies (together “Hermes”).

The following main operating companies are associated with Hermes Fund Managers Limited;

  • Hermes Investment Management Limited (Registered in England No 2466043)
  • Hermes Alternative Investment Management Limited (Registered in England No 3008864)
  • Hermes Real Estate Investment Management Limited (Registered in England No 2466189)
  • Hermes BPK Limited (Registered in England No 8539513)
  • Hermes Equity Ownership Services Limited (Registered in England No 5167179)
  • Hermes Sourcecap Limited (Registered in England No 06630546)

All of the above companies (with the exception of Hermes Real Estate Investment Management Limited and Hermes Equity Ownership Services Limited) are separately authorised and regulated by the Financial Conduct Authority.

Hermes Investment Management Limited, Hermes BPK Limited and Hermes Sourcecap Limited are also Investment Advisers registered with the United States Securities and Exchange Commission.

Any views or opinions expressed in this message are those of the author and do not necessarily represent those of Hermes, unless otherwise specifically stated. No reliance may be placed on this message without written confirmation from an authorised representative of the company. Hermes shall not be bound by or liable for any opinion, contract or offer to contract expressed in any email.

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Due to the electronic nature of this email, there is a risk that the information contained in this message has been modified or tampered with. As such, Hermes does not accept any responsibility or liability, or make any representation, as to the completeness or accuracy of this information.

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