NAV RISE FOR PALACE CAPITAL

Palace Capital’s net asset value per share has risen to 404p, an 8.9% increase on last year. The portfolio increased in value by £37.4m in the six months to 30 September, when it was valued at £140.4m. It also renegotiated a £20m loan facility with Nationwide on its Sequel portfolio, cutting the margin to 2.45% from 3.75%.

By | 2018-03-30T07:41:04+00:00 December 7th, 2015|News|0 Comments