The group has reported good progress during the quarter across all operating and financing activities. The group is focused on the arbitrage between the yield on property and the attractive yield on funding (currently 3.48% on average for the group). The yield gap remains attractive and with London secondary office properties now seeing strong yield compression backed by higher occupancy and rental growth, CLS is well placed to capitalise on the positive economic backdrop. In Europe the portf

11 Nov 2015
Panmure Research - CLS Holdings Flash 11-11-15

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Panmure Research - CLS Holdings Flash 11-11-15
CLS Holdings plc (CLI:LON) | 62.6 0.1 0.3% | Mkt Cap: 249.0m
- Published:
11 Nov 2015 -
Author:
Sue Munden -
Pages:
3 -
The group has reported good progress during the quarter across all operating and financing activities. The group is focused on the arbitrage between the yield on property and the attractive yield on funding (currently 3.48% on average for the group). The yield gap remains attractive and with London secondary office properties now seeing strong yield compression backed by higher occupancy and rental growth, CLS is well placed to capitalise on the positive economic backdrop. In Europe the portf