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Palace Capital (PCA) Share News

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Palace Capital In Lease Renewals For Milton Keynes Office Buildings

16th Jun 2014 09:15

LONDON (Alliance News) - Property investment business Palace Capital PLC Monday said it has renewed two office leases with Rockwell Automation Ltd for a combined GBP398,916 per year in rent, unchanged from the company's previous contract, but it will be required to invest in refurbishments. <p Read More

Palace Capital Lets Industrial Unit In Coventry To Brose

9th Jun 2014 10:08

LONDON (Alliance News) - Palace Capital PLC Monday said it has agreed a new lease on an industrial unit in Coventry with existing sub-tenant Brose Ltd, a deal that will bring in GBP325,000 in rent a year. In a statement, Palace Capital said the initial term of the lease has been set at five Read More

Palace Capital No Longer Has Outstanding Convertible Loan Notes

3rd Jun 2014 09:42

LONDON (Alliance News) - Palace Capital PLC Tuesday said it no longer has any outstanding loan notes that can be converted into shares, after repaying GBP300,000 of the instruments. In a statement, the AIM-quoted property investment company, which focuses on investing in the UK's secondary Read More

Palace Capital Swings To Pretax Profit

27th Mar 2014 14:32

LONDON (Alliance News) - Palace Capital PLC Thursday said it swung to a pretax profit in its most recent financial year after the acquisition of the Sequel property portfolio in 2013. The AIM-listed real estate company said it made a GBP5.7 million pretax profit in the twelve months ended J Read More

Palace Capital Sells The Bonded Warehouse For GBP1.1 Million

26th Mar 2014 12:16

LONDON (Alliance News) - Palace Capital PLC Wednesday said it has sold The Bonded Warehouse, Atlantic Wharf, Cardiff for GBP1.1 million, which represents a 20% premium to its book value after costs. Palace said it will use most of the net proceeds to reduce its debt levels, with its debt fa Read More

Palace Capital Completes GBP1.1 Million Sale To Boost Cash Flow

19th Feb 2014 13:38

LONDON (Alliance News) - Palace Capital PLC Wednesday said it has completed the sale of its freehold interest in an office building in Leeds for GBP1.1 million, which after costs is a 13% premium to book value, and will help it to reduce its bank borrowings and boost its cash flow. Gelderd Read More

Palace Capital Repays Convertible Notes, Gives Notice On Preference Shares

31st Jan 2014 15:03

LONDON (Alliance News) - Palace Capital PLC Friday said it has repaid GBP60,000 of convertible notes, as well as giving notice to redeem 65,000 preference shares held by Chairman Stanley Davis and Andrew Perloff. There will be no outstanding preference shares after redemption, according to Read More

Palace Capital Completes Property Portfolio Buy, Related Placing

21st Oct 2013 09:59

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UPDATE: Palace Capital Shares Suspension Lifted

3rd Oct 2013 11:00

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Palace Capital Requests Restoration Of AIM Trading

3rd Oct 2013 10:27

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Quintain Estates Sells Properties To Palace Capital For GBP39 Million

2nd Oct 2013 14:35

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