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Tue, 10th Mar 2020 17:55
(Alliance News) - Palace Capital PLC on Tuesday said it will pay a quarterly dividend of 4.75 pence for the three months to the end of 2019.
Thee real estate development company said the payout comprises a property income distribution of 2.50p and an ordinary dividend of 2.25p.
The stock closed 2.0% higher at 280.08p each on Tuesday in London.
By Ife Taiwo; ifetaiwo@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
(ShareCast News) - Property investment company Palace Capital has completed the acquisition of Dering Properties for £3.93m. Dering holds the long lease of 46-54 High Street, Sutton, which is a fully-let 21,248 square foot retail and office building around 200 metres from Sutton Railway Station. Th
Read morePalace Capital, a property investment company, sold a hi-tech building at Burgess Hill, West Sussex, for £1.25m. The property, a modern hi-tech warehouse, was sold to David Cover & Son for their own occupation. Palace Capital acquired the building in August last year for £32m. The sale was carried
Read morePalace Capital, a property investment group, submitted planning permission to transform the Hudson House in York into residential accommodation. The group plans to convert the majority of the building into residential accommodation with 82 studios, and one and two bedroom apartments. Hudson House w
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