Broker Forecast - Numis issues a broker note on Palace Capital PLC


Numis today initiates coverage of Palace Capital PLC (LON:PCA) with a buy investment rating and price target of 350p.

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Palace Capital revives dividend as earnings improve

Property investor Palace Capital revived dividend payments even as it reported a full-year loss driven by negative property revaluations.

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Tue, 07/07/2020 - 09:01

Palace Capital signs up Knights to occupy York office in 'record' deal

Property investor Palace Capital said it had set a record office rent in York city in the UK with the completion of a pre-let agreement...

Mon, 10/02/2020 - 07:32

Palace Capital completes sale of office asset in Birmingham

Palace Capital said it had surrendered its short leasehold interest at Priory House in Digbeth, Birmingham for a nominal sum of £25k.

The company said...

Mon, 09/12/2019 - 07:45

Palace Capital holds dividend steady as underlying performance improves

Property investor Palace Capital booked a lower first-half profit due to lower revaluation gains, though its underlying performance improved.

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Tue, 19/11/2019 - 09:58

Palace Capital secures £40m credit facility

Property investor Palace Capital said it had secured a new secured £40m revolving credit facility from NatWest with a maturity of five years.

The new...

Wed, 07/08/2019 - 08:00