The healthy liquidity position of Palace Capital takes risks down to a modest level, as does the overweight to regional offices and minimal shops. The Hudson Quarter mixed-development site is selling well, and profitability remains at appraisal levels. Hudson Quarter is within the York city walls, has been selling well and is a material positive, set to generate approaching £70m cash for recycling investment. The current returns from this count for zero in reported numbers or forward es
14 Jul 2020
Encouraging full-year results
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Encouraging full-year results
Palace Capital plc (PCA:LON) | 240 19.2 3.5% | Mkt Cap: 90.0m
- Published:
14 Jul 2020 -
Author:
Mike Foster -
Pages:
17
The healthy liquidity position of Palace Capital takes risks down to a modest level, as does the overweight to regional offices and minimal shops. The Hudson Quarter mixed-development site is selling well, and profitability remains at appraisal levels. Hudson Quarter is within the York city walls, has been selling well and is a material positive, set to generate approaching £70m cash for recycling investment. The current returns from this count for zero in reported numbers or forward es