Palace Capital aims to maximise shareholder value through enhancing income returns, reducing void costs and generating capital value through strategic refurbishment and development of assets. The majority of properties are held for long-term sustainable rental income supporting our progressive dividend policy.

 

Key Financials

Half Year Ended 30 September 2017

Net asset value
£111.6m
Profit before tax
£4.9m
Interim dividend per share
9.5p
LTV
42%
Property portfolio
£202.8m
Net asset value per share
451p
Contractual rental income
£14.1m
Occupancy
89%
Weighted average lease length
5.2yrs