Property investment firm Alpha Pyrenees Trust reported a decline in occupancy in its properties since the end of the first half. The trust said the overall level of average occupancy in its portfolio fell from 85% at the end of June to 83%, while the vacancy rate rose to 17% from 15% mainly because
Read moreFrench property investor Alpha Pyrenees Trust is seeking funding ahead of a loan expiry deadline early next year, hitting its shares. The group, which posted an adjusted loss of £1.6m for the half-year to 30 June, said its existing borrowing facilities terminate on 10 February 2015. Chairman Dick
Read moreLONDON (Alliance News) - Alpha Pyrenees Trust Ltd Friday said it has sold property in both France and Spain as it looks to provide security for its loans from Barclays Bank PLC and to give it working capital to support its operations. In a statement, the commercial real estate investor said
Read moreLONDON (Alliance News) - Alpha Pyrenees Trust Ltd Friday said it has continued to make progress on securing its income as it continues to recover after settling its currency hedge with Barclays PLC, though it swung to a net loss in 2013. Shares in the trust jumped by 10.4% to 6.90 pence in
Read moreEdward Bonham Carter, the Group Chief Executive of Jupiter Fund Management, has traded in 2.65m pounds-worth of shares just a few weeks since the group boosted its total dividend for 2012 by 13 per cent. Bonham Carter sold 750,000 shares at 350.75p a time, making a modest dent in his stake which n
Read moreAlpha Pyrenees, the investment company focused on commercial property in France, hit a 52-week high Wednesday, after it said valuations and prospects are improving in France. The group said the portfolio valuation improved by 0.1% in the first quarter of 2011 to €296.3m (£260.6m), but the adjusted
Read moreTwo executive directors of Cable & Wireless Communications have taken advantage of the shares going ex-dividend on Wednesday and added to their shareholdings. The final dividend payment of 3.34p a share is the first dividend since Cable & Wireless Worldwide was spun off. Chief executive Tony Ric
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