CLS Holdings to buy multi-let office building in Lille
21st Dec 2018 10:49
(Sharecast News) - CLS Holdings has unconditionally exchanged contracts to acquire multi-let office building, Les Reflets, in Lille, France, for €11.4m plus costs.
Read moreOccupancy improves as CLS Holdings focuses on portfolio
22nd Nov 2018 10:48
(Sharecast News) - CLS Holdings updated the market on its trading for the period from 1 July to 21 November on Thursday, reporting improved occupancy and strong operational performance across the group.
Read moreFriday broker round-up
5th Oct 2018 13:40
(Sharecast News) - Intertek Group: Berenberg upgrades to buy with a target price of 5,500p.
Read moreFriday broker round-up
17th Aug 2018 14:22
(Sharecast News) - esure: Barclays upgrades to equal weight with a target price of 280p.
Read moreCLS Holdings CFO Whiteley to step down next March
27th Jul 2018 08:07
(Sharecast News) - CLS Holdings said on Friday that John Whiteley will step down as chief financial officer at the end of next March.
Read moreCLS Holdings shifting to twice-yearly dividends
8th Feb 2017 08:40
(ShareCast News) - CLS Holdings announced on Wednesday that it intends to make future distributions to shareholders by way of a twice yearly dividend, superseding its previous policy of using tender offer buy-backs. The FTSE 250 firm said it intended for the first dividend to be a final dividend in
Read moreCLS acquires five properties for £31m
11th Jan 2017 08:20
(ShareCast News) - CLS Holdings announced on Wednesday that it has acquired five properties in the UK from a private investor for £31.4m, including costs, generating rents of £2.5m per annum from 10 tenants and representing a net initial yield of 8%. The FTSE 250 company said the properties are free
Read moreCLS Holdings rebalances portfolio in Europe
23rd Nov 2016 09:25
(ShareCast News) - Property investment company CLS Holdings has made changes to its portfolio by investing in Germany and divesting in France and Britain . Between 1 July 2016 and 22 November 2016 two acquisitions were made in Germany, Parsevalstrasse in Dusseldorf for €43.6m and Harburger in Hambur
Read moreCLS Holdings sells London and France properties to re-invest in other assets
24th Oct 2016 08:04
(ShareCast News) - Property investment company CLS Holdings has sold two properties in London and France in order for it to unlock capital and re-invest in other high yield properties. Property investment company CLS Holdings has sold two properties in London and France in order for it to unlock cap
Read moreCLS Holdings completes Dusseldorf acquisition
7th Sep 2016 07:44
(ShareCast News) - CLS Holdings confirmed on Wednesday that it has completed the acquisition of Parsevalstrasse 11, Düsseldorf for €43.6m including costs. The FTSE 250 firm had initially announced the acquisition plan on 11 July. It said the property generates net rental income of €3.1m, reflecting
Read moreAssets up but profits slide in first half at CLS
17th Aug 2016 07:50
(ShareCast News) - Property investment company CLS posted its half year report to 30 June on Wednesday, with EPRA net assets per share up 9.6% to 2,282p, from 2,083p at the start of the period. The FTSE 250 firm reported net assets per share up 7.8% to 1,952p, and EPRA earnings per share up a sizeab
Read moreLondon midday: Miners pace gains on stimulus hopes, upbeat US jobs data
11th Jul 2016 12:10
(ShareCast News) - London stocks were continuing to push higher come midday, carried by positive sentiment from Asia and the US, with domestic thoughts turning to the Bank of England monetary policy meeting scheduled for later in the week. Asian stocks finished the session with strong gains, as some
Read moreCLS buys two German properties for €49.5m
11th Jul 2016 07:15
(ShareCast News) - CLS Holdings said it has exchanged contracts to buy two properties in Germany for a total of €49.5m. The first property, in Düsseldorf, is to be bought for €43.6m including costs, and generates net rental income of €3.1m, reflecting a net initial yield of 7.1%. The property benefi
Read moreFTSE 250 movers: Easing Brexit fears lift Redrow and Countrywide
23rd May 2016 14:14
(ShareCast News) - The FTSE 250 was not far off its three-month high on Monday afternoon, up 0.71% at 17,042.61 as a buoyant handful of challenger banks and property-related stocks outweighed those hit by the oil price retreat. The Treasury weighed into the Brexit debate, aiming to convince Britain
Read moreCLS Holdings launches share buyback to cut discount to NAV
12th May 2016 11:13
(ShareCast News) - CLS Holdings has launched a share buyback programme that will see the property investor's broker Liberum buy back up to 4.1m of its shares. The London-centric investment group said Liberum will begin the programme on Thursday and, unless it reaches its objective or is terminate
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