Looking at our FY 2017 forecasts, the acquisition of Broad Street Plaza will add significantly to the Group’s rent roll. In light of this, together with the financing costs assumed with the acquisition and with the additional costs of the new larger bank facility, we have increased our forecast adjusted PBT by £0.9m to £6.8m.
14 Mar 2016
£24.2m Property Acquisition & New Bank Facility
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£24.2m Property Acquisition & New Bank Facility
Palace Capital plc (PCA:LON) | 238 -11.9 (-2.1%) | Mkt Cap: 89.2m
- Published:
14 Mar 2016 -
Author:
Chris Thomas -
Pages:
3
Looking at our FY 2017 forecasts, the acquisition of Broad Street Plaza will add significantly to the Group’s rent roll. In light of this, together with the financing costs assumed with the acquisition and with the additional costs of the new larger bank facility, we have increased our forecast adjusted PBT by £0.9m to £6.8m.