Palace Capital has published its interim trading update to the end of September ahead of the results due on 24 November. Rent collection and occupancy remain high with multiple lease events ahead of ERV. Annualised cost savings of £1.2m have been achieved and the company was net cash positive prior to the impact of the £6m share buyback. Since YE22 four investment properties have been disposed of realising £4.8m, 25% ahead of book value, and apartment sales at Hudson Quarter continued to progres ....
