Northacre's H1 revenue falls a it cautions about Brexit uncertainity
15th Sep 2016 13:01
(ShareCast News) - Property company Northacre's half year revenue fell, as it warned about the uncertainty arising from Brexit and called for a review of the current stamp duty levy. For the six months ended 30 June, revenue decreased by 10% to £1.8m when compared to the same period last year, due t
Read moreNorthacre completes sale of Thurloe Square project for £12.75m
25th Jun 2014 13:35
Real estate investment group Northacre has completed the sale of the 33 Thurloe Square project in London for £12.75m, bringing the total anticipated proceeds for the project to around £1.2m. Northacre originally agreed to manage and refurbish the property on behalf of Bassemey, which acquired the
Read moreNorthacre to report drop in annual revenue
14th Apr 2014 11:07
UK property development group Northacre expects to report a fall in annual revenue, reflecting the weak performance of its Intarya interior design business. The company predicts revenues will drop to £3m in the year ended February 28th 2014, from £3.5m a year earlier. The firm also expects admin
Read moreNorthacre dismisses reports of Spadille acquisition
25th Jan 2013 15:05
Northacre, developer of The Lancasters luxury apartments opposite London's Hyde Park, on Friday dismissed reports it was approached by Spadille to acquire the company. The group said it remains independent and that it did not receive an offer from Spadille. Reports claimed last week Spadille was m
Read moreXP Power Chairman buys up 4,000 shares
11th May 2012 16:34
Larry Tracey, the Chairman of power controller manufacturer XP Power, treated himself to 4,000 shares in the company, despite the company last month warning that the global economic environment remains weak for the equipment which they manufacture. Tracey, who joined XP's board 22 years ago, bought
Read moreSmall caps round-up: Northacre, Lipoxen, Acal ...
29th Nov 2010 14:36
Property developer Northacre said the residential property sector is still suffering from a shortage in bank finance which is limiting the pipeline of new development opportunities. The company narrowed its loss before taxation in the six months ended 31 August to £1.26m from £1.98m at the interim
Read moreNorthacre soars on Lancasters hopes
11th Aug 2010 13:21
Shares in property developer Northacre rocketed as it confirmed the terms of its profit sharing agreement with property group Minerva on The Lancasters apartment development in central London. Northacre will earn 5% on profits of up to 10% of project costs, rising in stages to 50% of the surplus if
Read moreSmall caps round-up: PureCircle, Mobile Streams,Northacre ...
21st Jul 2010 11:13
Natural ingredients firm PureCircle said that the US Food and Drug Administration has issued a 'no objection' letter in respect of the user of the company's SG95 sugar substitute as a food and beverage ingredient in the USA. Mobile content seller Mobile Streams expects half-year revenue to rise 20%
Read moreNorthacre FY Pretax Loss GBP3.94M Vs GBP50,383
21st Jul 2010 07:42
LONDON (Dow Jones)--Northacre PLC (NTA.LN), said Wednesday that it made pretax loss of GBP3.94 million for the year ended Feb. 28, compared with GBP50,383, adding that it is confident that new development opportunities will be secured before the end of the next financial year. MAIN FACTS: -R
Read moreNorthacre Sells 11 More Lancaster Gate Apartments For GBP107.5M
29th Jun 2010 09:35
LONDON (Dow Jones)--Northacre PLC (NTA.LN), a property developer in partnership with Minerva PLC (MNR.LN), said Tuesday that through recent off market activity over the last few months, contracts have now been exchanged to sell a further 11 apartments at its Lancaster Gate scheme for a total conside
Read moreSmall caps round-up: Acal, Ashmore Global, DDD
19th Apr 2010 13:46
Components distributor Acal's second half profit will be ahead of market forecasts as sales in its electronics arm beat forecasts. Since February, the electronics division, which accounts for around three quarters of group revenues, has seen a continued improvement in trading. At 31 March 2010 the
Read moreNorthacre sees off Vicarage Gate appeal
13th Jul 2009 15:11
Residential property developer Northacre is one step closer getting the final green light for its new build residential scheme at the Vicarage Gate site. The Royal Borough of Kensington and Chelsea have 14 days to appeal against the decision backing Northacre in the Court of Appeal. If this furth
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