Sunday share tips: Rainbow Rare Earths, Palace Capital
28th Nov 2021 19:18
(Sharecast News) - The Financial Mail on Sunday's Midas column called attention to Rainbow Rare Earths's shares, pointing out that it was shaping up to become one of the largest producers outside of China of two key rare earth metals, praseodymium and neodymium.
Read morePalace Capital Chairman Davis to stay until end of 2021
26th Oct 2021 09:14
(Sharecast News) - Palace Capital said departing chairman Stanley Davis had agreed to stay on until the end of 2021 while it looks for a replacement.
Read morePalace Capital collects 70% of September rents on due date
13th Oct 2020 08:57
(Sharecast News) - Property investment firm Palace Capital said on Tuesday that 70% of all rents due on the September quarter date had been collected, an improvement on the equivalent stage in the previous two quarters.
Read morePalace Capital surrenders leasehold interest at Priory House, Birmingham
9th Dec 2019 14:19
(Sharecast News) - Real estate investment company Palace Capital has surrendered its short leasehold interest at Priory House, Gooch Street North, Digbeth, Birmingham for a nominal sum of £25,000, it announced on Monday, saving it around £170,000 per annum.
Read moreWednesday broker round-up
5th Jun 2019 13:33
(Sharecast News) - IMI: Goldman Sachs upgrades to buy with a target price of 1,180p.
Read morePalace Capital makes 'substantial progress' in first year on main market
2nd May 2019 08:15
(Sharecast News) - Property investment outfit Palace Capital told investors on Thursday that it had made "substantial progress" in its first full year on the London Stock Exchange's main market, leaving it "very positive" about its prospects.
Read morePalace Capital leases space to celebrity-backed yoga operator
19th Feb 2019 10:09
(Sharecast News) - Regional commercial property investment company Palace Capital has completed a 15-year lease for 12,800 square feet with Soo Yoga Group at its Sol Northampton leisure scheme, it announced on Tuesday.
Read morePalace Capital awards £35m York flats construction contract
11th Feb 2019 08:57
(Sharecast News) - Palace Capital on Monday awarded the contract for the construction of its Hudson Quarter development in York, in a contract worth £35m.
Read morePalace Capital buys One Derby Square in Liverpool for £14m
24th Dec 2018 07:46
(Sharecast News) - Palace Capital said on Monday that it has bought the freehold interest of One Derby Square in Liverpool for £14m, reflecting a 6.75% net initial yield.
Read morePalace Capital shrugs off 'uncertain times' as income jumps
26th Nov 2018 13:20
(Sharecast News) - Property firm Palace Capital insisted there would be further investment opportunities this year, despite the current "uncertain" climate, as it posted a jump in first-half income and profits.
Read morePalace Capital selling 50 flats to Barnet council
23rd Nov 2018 10:56
(Sharecast News) - Property investment company Palace Capital has exchanged contracts to sell 50 residential units for a total consideration of £18.2m, it announced on Friday, reflecting 97% of their book value, to the London Borough of Barnet.
Read morePalace Capital extends lease on Essex property by 10 years
16th Dec 2016 08:33
(ShareCast News) - Property investment firm Palace Capital has extended its lease by 10 years on a property in Maldon, Essex with Rockwell Automation. The ICS buildings, which comprise of a 75,000 square feet warehouse and office building, were let to Rockwell Automation until June 2017 at a rental
Read morePalace Capital hikes dividend as H1 pre-tax profit falls
21st Nov 2016 12:54
(ShareCast News) - Property investment company Palace Capital has hiked its first-half dividend by almost a third as it posted a much-reduced pre-tax profit for the period. Interim dividend was up 29% to 9p a share, from 7p. Pre-tax profit came in at £3.9m, from £7.6m. Net asset value per share was
Read morePalace Capital completes Manchester property buy
22nd Aug 2016 12:04
(ShareCast News) - Palace Capital has completed the net £10.58m acquisition of Boulton House in Manchester, and is looking to improve the net yield it receives from rental income through refurbishing some of the building. It added that a £6.02m new debt facility had been secured with Santander. Matu
Read morePalace Capital sells property for £1.09m
12th Aug 2016 13:03
(ShareCast News) - Property investment company Palace Capital has sold its freehold vacant warehouse property in Victoria Road, Stoke-on-Trent, for £1.09m, which was slightly above book value. The 40,000 sq ft building was originally let for 35 years from 1980 to Portmeirion, but it became vacant in
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