FTSE 250 movers: Galliford Try builds, Just Eat cools off
13th Feb 2019 14:44
(Sharecast News) - London's FTSE 250 climbed 0.85% to 18,984.09 on Wednesday, with Galliford Try surging as it reported a 4% increase in first-half pre-exceptional pre-tax profit and said full-year turnout is expected at the upper end of analysts' current range.
Read moreStrength the keyword for F&C Commercial Property Trust
5th Apr 2016 08:05
(ShareCast News) - F&C Commercial Property Trust was holding steady in 2015, it reported on Tuesday, as it prepared the business for a change in the cycle from capital returns to income returns. The FTSE 250 firm saw net asset value total return of 15.9% during the year, and share price total return
Read moreF&C Commercial Property Trust interim profit declines
27th Aug 2015 09:58
(ShareCast News) - Investment group F&C Commercial Property Trust reported a decline in interim profit. In the six months to 30 June, the group posted a 16.5% year-on-year decline in pre-tax profit to £78.8m, while total revenue declined 17.5% year-on-year to £90.8m. The FTSE 250 group said unreal
Read moreFTSE 250 movers: Hochschild lifted by rating, Bellway falls
21st Jul 2014 15:32
Housebuilder Bellway was lower amid a wider sector decline after Rightmove published data that showed the average asking price for a UK home dropped 0.8% from £272,275 in June to £270,159 in July. The also had its 'hold' rating reiterated by Deutsche Bank. Oil stocks including Cairn Energy weake
Read moreF&C Comms Property acquires warehouse, reports rise in NAV
21st Jul 2014 13:09
F&C Commercial Property Trust has acquired a long leasehold in a new production and distribution warehouse in Liverpool for £11.9m. The site is entirely let to Johnson Controls Automotive for a 15-year term at a passing rent of £812,050 per annum. Johnson Controls manufacture the car seats for the
Read moreF&C Commercial Property Trust completes Kingswell acquisition
29th Apr 2014 11:45
FTSE 250-listed F&C Commercial Property Trust has acquired two pre-let blocks at a business park in Aberdeen, providing exposure to 'one of the most buoyant office markets in the UK'. The transaction completed the trust's 2012 agreement to purchase four new pre-let headquarter office buildings at t
Read moreFTSE 250 movers: Miners track metal prices higher
14th Apr 2014 15:41
Mining groups Evraz, Lonmin and Polymetal International all tracked metal prices higher. Jardine Lloyd Thompson also climbed after Numis raised its target price to 1,190p, upgrading the stock from 'hold' to 'buy'. Ocado shares suffered significant declines, which Bloomberg was linking to the wid
Read moreF&C Commercial Property Trust reveals double acquisition
20th Jan 2014 13:20
F&C Commercial Property Trust said Monday that it had completed the acquisition of one property and conditionally exchanged contracts for the acquisition of another. However, investors were left unimpressed after the group said the completion of four pre-let office blocks in Aberdeen had been pushe
Read moreMonday broker round-up UPDATE
2nd Sep 2013 08:57
Berkeley Group: Panmure Gordon raises target price from 2046p to 2150p and reiterates a hold recommendation. Betfair: Panmure Gordon increases target price from 1000p to 1317p and maintains a buy recommendation. BHP Billiton: WH Ireland downgrades to neutral. British Land: Exane ups target price
Read moreF&C Commercial boosted by London property sales
24th Apr 2013 09:06
F&C Commercial Property Trust achieved a total return on net asset value (NAV) of 4.4 per cent for 2012 driven by strong performance of its London portfolio. The company made a 5.7% return on its portfolio of property investments for the year, compared with a total return of 2.8% from the Investmen
Read moreFriday broker round-up UPDATE
15th Feb 2013 07:58
Aberdeen Asset Management: UBS shifts target price from 440p to 470p and reiterates a buy recommendation. Credit Suisse takes target price from 410p to 470p staying with its outperform rating. Barclays revises target price from 470p to 490p, while its overweight rating remains unchanged. Jefferies m
Read moreF and C sells central London building to foreign investor
23rd Oct 2012 14:50
F and C Commercial Property Trust said it had off-loaded a large Oxford Street property, which is currently the home of Boots. The firm has sold its long leasehold interest in 385/389 Oxford Street in Central London for £28.1m. The property is entirely let to Boots UK on a lease expiring in June 2
Read moreKingfisher CEO ditches exercised options
25th Sep 2012 16:26
Kingfisher's Chief Executive Officer, Ian Cheshire, has exercised options over 164,144 shares and subsequently sold 143,040 of them less than a fortnight after the B&Q owner admitted that miserable weather in the UK and northern Europe had a serious impact on footfall in the first half of its financ
Read moreLondon weighting pays off for F and C Commercial
28th Aug 2012 07:27
F and C Commercial Property Trust just about achieved an increase in net asset value (NAV) per share total return in the first half of 2012 as property values declined. The company's NAV total return for the six month period ended 30th June was 1.4%, slightly ahead of the 1.2% return of its benchma
Read moreLondon effect pays off for F and C Commercial Property
29th Mar 2012 07:32
F and C Commercial Property Trust claimed 2011 was another year of out-performance for the real estate investment trust, with its focus on central London serving it well. The company's net asset value (NAV) per share as at 31st December 2011 was 100.5p. This represented an increase of 4.4% for the
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