CLS Holdings buys 'PURO' building in Munich's Ismaning
1st Apr 2019 09:28
(Sharecast News) - CLS Holdings has exchanged contracts to acquire PURO - a multi-let office building in Munich - for €32m excluding costs, it announced on Monday.
Read moreCLS Holdings achieves revenue growth in 'robust' results
7th Mar 2019 07:48
(Sharecast News) - CLS Holdings reported a drop in annual profits as double-digit revenue growth was not enough to make up for far lower income from property sales compared to the previous year.
Read moreCLS buys Aldgate property for £53.9m
20th Feb 2019 07:26
(Sharecast News) - CLS Holdings has exchanged contracts to acquire 9 Prescot Street, London E1 for £53.85m excluding costs, it announced on Wednesday.
Read moreCLS to sell interest in First Camp
21st Jan 2019 07:33
(Sharecast News) - CLS said on Monday that it has exchanged contracts to sell its 58.02% interest in First Camp Nordic Camping, indirectly majority owned by a fund advised by Norvestor Equity AS, for £28.7m.
Read moreCLS 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
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