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Sigma Capital starts construction of 927 houses in Liverpool and Manchester

Wed, 19th Nov 2014 11:14

Residential and urban regeneration specialist Sigma Capital Group said its private rented sector joint venture with Gatehouse Bank has started the construction of 927 new rental houses.The £100m development project will create family houses and apartments in 14 different locations across Liverpool and Manchester in the next two years.Sigma's chief executive Graham Barnet believes the company has "considerable potential to create one of the largest new build privately rented residential portfolios in the UK"."We believe the joint venture with Gatehouse and our new partnership with Grainger firmly establishes blueprints for further large scale housing programmes across cities throughout England with other partners and additional local authorities," he continued.Vice President of Real Estate Investment at Gatehouse Bank Scott Nicol said: "The complexity of creating a debt and equity funded, institutional scale, private rented platform from scratch hasn't been an easy task and therefore this transaction is a milestone for the joint venture and also for the sector in general."Shares in Sigma Capital had risen 1.47% to 69p at 11:03 on Wednesday.
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20 Jan 2014 10:34

DIRECTOR DEALINGS: Sigma Capital COO Sells 95,000 Shares

LONDON (Alliance News) - Sigma Capital Group PLC Monday said Chief Operating Officer Graeme Hogg sold 95,000 shares to his self-invested personal pension at a price of 51 pence per share Friday. Following this transaction, Hogg's unchanged interest remains at 513,429 shares, representing 1.

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28 Nov 2013 17:26

DIRECTOR DEALINGS: Sigma Capital Executives Buy Shares

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28 Nov 2013 12:27

CORRECT: AIM IN BRIEF: Herstal Emerges As Favourite To Acquire Manroy

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28 Nov 2013 12:22

UK WINNERS & LOSERS: Carney Knocks Down Housebuilders, Cameron Snuffs Tobacco Shares

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28 Nov 2013 12:14

Sigma Soars As It Creates New JV To Build Affordable

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28 Nov 2013 10:08

Sigma Capital soars on major housebuilding agreement

Shares in property investor Sigma Capital have leapt after the AIM-listed company signed a major house-building joint venture with Shariah-compliant investment bank Gatehouse. The joint venture is to back the construction of an initial 2,000 new privately rented residential homes in north-west UK,

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28 Nov 2013 08:22

AIM IN BRIEF: Beretta Emerges As Favourite To Acquire Manroy

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14 Oct 2013 07:18

Sigma Capital Group Agrees GBP200K Sale Of Portfolio Company

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30 Sep 2013 14:37

Sigma Narrows Losses As Property Division Performs Well

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8 Feb 2013 16:16

Home Retail's Finance Director sells shares

The Financial Director of Home Retail, Richard Ashton, on Thursday sold 249,975 shares in the household goods retailer, three weeks after the company raised its full-year profit expectations on the back of increased sales at its Argos business over the Christmas period. The shares were sold at 127.

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7 Feb 2013 10:08

Sigma sales meets expectations as it appoints new COO

Property and urban regeneration specialist Sigma Capital Group on Thursday reported a slight increase in profits in the second half of 2012 and said it was trading in line with expectations. Net cash at year-end rose to £1.0m from £0.7m over the six month period, meeting management's forecasts, but

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4 Apr 2012 15:45

Millennium and Copthorne Hotels non-exec makes sale

Richard Hartman, a Non-Executive Director of FTSE 250 firm Millennium and Copthorne Hotels, sold 132,694 shares in the company on April 3rd at a price of 478.00p each. The £634,277 transaction followed the vesting of around 479,000 shares under the firm's long term incentive plan on March 30th 200

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31 Jan 2011 18:12

Frontier IP goes to 20% premium

Frontier IP has gone to a 20% premium to its placing price by the end of the first day's dealings on AIM. The intellectual property developer raised £1m gross from a placing at 50p a share as part of its move from Plus-quoted to AIM. The shares closed the first day at 60p each. That values Frontie

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1 Feb 2010 08:07

Small caps round-up: Synchronica, Works Media, Intercede...

Synchronica says it is awaiting final documentation for a major order delivered at the end of December. On the assumption that this documentation is received, revenue for 2009 will be broadly in line with market expectations at around £4.5m. Works Media said it has completed a review of the busines

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