Daejan shares surge as Centremanor looks to take group private
21st Feb 2020 11:03
(Sharecast News) - Property investment and development company Centremanor revealed on Friday that it will take loss-making FTSE 250 property firm Daejan private following an offer that valued the group at around ?1.31bn.
Read moreDaejan H1 up, but worries over Brexit, UK business
28th Nov 2018 07:42
(Sharecast News) - Property investment company Daejan Holdings said first-half pre-tax profits rose despite modest or flat growth in its UK and US markets.
Read moreDaejan Holdings H1 profits rise; too early to assess Brexit impact
23rd Nov 2016 09:05
(ShareCast News) - Interim pre-tax profits at real estate developer Daejan Holdings rose to £65.1m from £58.9m after accounting for the net valuation gain on investment properties of £38.6m, up from £35.5m in 2015. The property portfolio continued to show "modest" growth in both the UK and USA, the
Read moreDaejan Holdings earnings slide in preliminary results
6th Jul 2016 07:38
(ShareCast News) - Property company Daejan Holdings announced its preliminary results for the year to 31 March on Wednesday, with its investment property figure growing to £2bn, from a restated £1.86bn last year. The FTSE 250 firm said its net rental and related income from investment property total
Read moreFTSE 250 movers: house builders in focus as mid caps sour
4th Jul 2016 18:25
(ShareCast News) - FTSE 250 stocks ended on a sour note with residential property-linked stocks figuring prominently among the fallers as UK construction data disappointed. Clarkson led to the downside as it warned full-year 2016 profits would be "materially lower" on the year due to lower freight r
Read moreDaejan Holdings reports £230m valuation surplus
8th Jul 2015 09:30
Shares in Daejan Holdings rose after the UK and US property investor reported a net valuation surplus of £229.7m and recommended a final dividend of 53p per share. The FTSE 250 company's commercial, industrial and residential investment property portfolio, which includes properties in London such as
Read moreUK property group Daejan increases first-half profits
26th Nov 2014 08:08
Daejan Holdings reported a jump in pre-tax profit in the first half as the British-based property business saw gross rental income grow. Pre-tax profit rose to £134m in the half year to 30 September from £76m a year earlier, after accounting for a net valuation gain on investment properties of £107.
Read moreDaejan Holdings sees net rental income in line with expectations in Q1
22nd Sep 2014 07:41
Property investment firm Daejan Holdings registered net rental income in line with management´s expectations in the UK and US from 1 April to 30 June. The company further informed investors in an interim management statement that the whole of the refurbished Africa House in Kingsway London WC2 was
Read moreDaejan delivers higher full-year earnings
9th Jul 2014 12:17
The sale of investment property and an increased portfolio value helped drive a strong rise in annual profits at Daejan Holdings. According to its preliminary results for year ended March 31st, pre-tax earnings jumped from £111.68m to £164.51m on almost flat rental income of £112.20m (2013: £111.
Read moreLondon pre-open: Lower start expected after sell-off on Wall Street
16th Aug 2013 07:28
Sharp losses on Wall Street last night are expected to translate into a poor start on the FTSE 100 on Friday morning as concerns about the tapering of US stimulus continue to dent investor confidence. City sources predict the FTSE 100 will open down 10 points from yesterday's close of 6,483.34.
Read moreDaejan on track for first quarter
16th Aug 2013 07:08
FTSE 250 property group Daejan confirmed income was in line with expectations in the first quarter of the year. A brief quarterly statement reported no significant sales had been made in the period to end-June in UK or USA, but that the second quarter should see more interest. The group's major p
Read moreDaejan back in profit
29th Nov 2012 10:35
FTSE 250 property business Daejan bounded back into profit in the first half but warned it was "by no means clear" when sustained growth would return to its markets. The firm posted pre-tax profits of £23.3m in the six months to the end of September, up from a £121,000 loss the previous year. The
Read moreDaejan plodding along nicely
16th Aug 2012 07:47
Daejan Holdings, a FTSE 250 property business, has reported net rental income in line with expectations for the first three months of the financial year. During the period the firm continued to make progress with its major project to refurbish and extend its existing property Africa House in Kings
Read moreFTSE 250 movers: Britvic dives after recall cost soars
11th Jul 2012 15:11
Soft drinks group Britvic plummeted after saying the recall of its Robinsons Fruit Shoot and Fruit Shoot Hydro drinks could cost the company up to 25m pounds. Added to this, poor weather conditions and weak consumer sentiment means the group now expects to deliver a full-year results at the bottom e
Read moreDaejan profits halve but divi inches higher
11th Jul 2012 10:43
FTSE 250 property business Daejan more than halved its pre-tax profits for the year ended March 31st but kept investors on side with a total dividend of 76p per share, up 1p on last year's payout. Pre-tax profit declined from £84.4m to £41.8m, gross rental income for the year came in at £92.96m (2
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