Mucklow’s finals confirmed the continued strength in both occupier and investment markets, with the vacancy rate falling from 6.7% to 5.4%, rental growth becoming more evident, underlying rental profits increasing 7.7% to £13.9m and NAV/share increasing 19.3% to 427p. The final dividend was increased 3% to 11.53p, taking the total dividend to 20.84p.
08 Sep 2015
Finals – Good growth in rents and NAV
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Finals – Good growth in rents and NAV
A&J Mucklow Group (MKLW:LON) | 0 0 0.0% | Mkt Cap: 324.1m
- Published:
08 Sep 2015 -
Author:
Chris Thomas -
Pages:
3
Mucklow’s finals confirmed the continued strength in both occupier and investment markets, with the vacancy rate falling from 6.7% to 5.4%, rental growth becoming more evident, underlying rental profits increasing 7.7% to £13.9m and NAV/share increasing 19.3% to 427p. The final dividend was increased 3% to 11.53p, taking the total dividend to 20.84p.