CLS Holdings Share News (CLI)

BROKER RATINGS SUMMARY: UBS And Credit Suisse Differ On Utility Stocks

CLS acquires five properties for £31m

(ShareCast News) - CLS Holdings announced on Wednesday that it has acquired five properties in the UK from a private investor for £31.4m, including costs, generating rents of £2.5m per annum from 10 tenants and representing a net initial yield of 8%. The FTSE 250 company said the properties are free

CLS Holdings Buys Portfolio Of Five UK Properties For GBP31.4 Million

CLS Holdings rebalances portfolio in Europe

(ShareCast News) - Property investment company CLS Holdings has made changes to its portfolio by investing in Germany and divesting in France and Britain . Between 1 July 2016 and 22 November 2016 two acquisitions were made in Germany, Parsevalstrasse in Dusseldorf for €43.6m and Harburger in Hambur

DIRECTOR DEALINGS: Wife Of CLS Holdings CFO Buys Shares

CLS Holdings sells London and France properties to re-invest in other assets

(ShareCast News) - Property investment company CLS Holdings has sold two properties in London and France in order for it to unlock capital and re-invest in other high yield properties. Property investment company CLS Holdings has sold two properties in London and France in order for it to unlock cap

CLS Holdings Sells Two Office Properties At Premium To Valuations

CLS Holdings completes Dusseldorf acquisition

(ShareCast News) - CLS Holdings confirmed on Wednesday that it has completed the acquisition of Parsevalstrasse 11, Düsseldorf for €43.6m including costs. The FTSE 250 firm had initially announced the acquisition plan on 11 July. It said the property generates net rental income of €3.1m, reflecting

Assets up but profits slide in first half at CLS

(ShareCast News) - Property investment company CLS posted its half year report to 30 June on Wednesday, with EPRA net assets per share up 9.6% to 2,282p, from 2,083p at the start of the period. The FTSE 250 firm reported net assets per share up 7.8% to 1,952p, and EPRA earnings per share up a sizeab

LONDON MARKET CLOSE: London Stocks Rise With Theresa May Set For No 10

London midday: Miners pace gains on stimulus hopes, upbeat US jobs data

(ShareCast News) - London stocks were continuing to push higher come midday, carried by positive sentiment from Asia and the US, with domestic thoughts turning to the Bank of England monetary policy meeting scheduled for later in the week. Asian stocks finished the session with strong gains, as some

WINNERS & LOSERS SUMMARY: CLS Holdings Up As It Buys In Germany

CLS buys two German properties for €49.5m

(ShareCast News) - CLS Holdings said it has exchanged contracts to buy two properties in Germany for a total of €49.5m. The first property, in Düsseldorf, is to be bought for €43.6m including costs, and generates net rental income of €3.1m, reflecting a net initial yield of 7.1%. The property benefi

CLS Spends EUR49.5 Million On Properties In Hamburg And Dusseldorf

BROKER RATINGS SUMMARY: Property Stocks Continue To Receive Downgrades