17th Sep 2021 15:27
Alpha Real Trust Ltd - Guernsey-based property finance investor - As at June 30, net asset value per share was up at 208.1 pence from 207.7p at the end of March, while the trust's secured loan portfolio was GBP35.7 million, reflecting 28% of the current investment portfolio.
"The economic and social impact of Covid-19 continues to dominate the economic backdrop in which the company operates. Vaccine development and the fast pace of deployment, particularly in the United Kingdom, provides a supportive tailwind for a return to social normalisation and economic recovery, which will bode well for the property security underpinning the company's loan investments," the company says.
Current stock price: 162.50 pence
Year-to-date change: up 2.2%
By Dayo Laniyan; [email protected]
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