CLS Holdings, the FTSE 250 commercial property company with a £1.8bn office portfolio in the UK, Germany and France, reported very strong 2017 results. The sale of the Vauxhall Square development site for £144m and the Metropolis portfolio acquisition in Germany for £140m were transformational events. The Group has an outstanding NAV growth track record and there is significant potential for the Group’s outperformance to continue. We initiate coverage with a Buy recomm
21 Mar 2018
Proactive Strategy Yields Results
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Proactive Strategy Yields Results
CLS Holdings, the FTSE 250 commercial property company with a £1.8bn office portfolio in the UK, Germany and France, reported very strong 2017 results. The sale of the Vauxhall Square development site for £144m and the Metropolis portfolio acquisition in Germany for £140m were transformational events. The Group has an outstanding NAV growth track record and there is significant potential for the Group’s outperformance to continue. We initiate coverage with a Buy recomm