The group’s portfolio and trading update confirmed that FY17/18 results will be slightly ahead of expectations. The statement illustrates how effectively intensive asset management continues to drive underlying rent and asset values, with margins also enhanced by recent debt refinance on improved terms.
25 Apr 2018
Asset management, refinancing driving result
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Asset management, refinancing driving result
Palace Capital plc (PCA:LON) | 235 16.4 3.1% | Mkt Cap: 88.3m
- Published:
25 Apr 2018 -
Author:
Matt Butlin -
Pages:
10
The group’s portfolio and trading update confirmed that FY17/18 results will be slightly ahead of expectations. The statement illustrates how effectively intensive asset management continues to drive underlying rent and asset values, with margins also enhanced by recent debt refinance on improved terms.