Member Info for courtier

Look in investopedia here. http://www.investopedia.com/terms/r/reit.asp

Thank you Maddox for a considered report. The occupancy numbers and growth in student numbers are what we have come to expect as Unite shareholders. I don't know why the market seems to expect something weaker... The continued investment, planning and renovations are good news. I think the recent fall in the share price is either an anomaly or a bad dream. I do not really understand the (tax?) advantages to being a Real Estate Investment Trust.

Will the dividend payable now make further difference? I automatically reinvest my dividends because I get such a low investment charge. So at least I might get a good price this time.

I am a little surprised at big financials bothering with Unite, but it certainly looks that way.,,

Remains firmly in place...

Well it might happen yet... Oops piggies over the horizon.

I hardly dare say it but I think we will stay over the £4 mark now. That was a mere whisper...

There again we might not. I am currently about 33p per share down, but the dividends remain high enough to keep me happy and unlike others here I have held for ages and have no regrets. I think we will see a gradual climb to above £5 over 2016-2018. I think the whole banking sector has been unfairly rated by the markets, though some of the history(ppi for example) has not helped.

Up 28p this week. At last some encouragement?

Up 2.5% to £7.21. Just hope there is more to come, though I really don't understand the leap.

Unite Students, the UK's leading developer and manager of student accommodation, announces the disposal of Greetham Street, Portsmouth and Gosford Gate, Coventry to USAF for a combined value of £88.4 million. Both properties, comprising 1,122 beds, were completed in 2016 and are fully let for the 2016/17 academic year on nominations agreements to Portsmouth University and Coventry University, generating an income yield on cost of 9.3%. The disposals increase sales in the year to over £110 million on a see-through basis and support Unite's strategy to recycle capital and maintain leverage at our target level in the mid-30% range. The blended valuation yield on the disposals was 5.65%, in line with valuation yields at the 30 June valuation date. And of course it is almost an internal aggreement?

Broke through the £2 barrier quicker than I expected.

Last post was meant for Equinniti

Broke through the £2 ceiling quicker than I expected.

My Equiniti shares are currently over 20% up from when I purchased them soon after their float. I think there is plenty of growth still to come.

From the 'i' today: "Spanish Bank Santander yesterday warned that profits will be lower than expected in the next few years, due to low interest rates, Brexit and higher taxes.It slashed its targeted return ontangible equity ratio, to just above 11%, from 13% , for 2018." At current prices I still rate BNC as a buy though.

Now it is Deutsch Bank...

We have leapt through 190p but the next hurdle may be a bit more resistant...

But will we beat 190p like we did briefly in the merry month? What a leap this morning.

Two recent parliamentary votes caused by two indecisive Spanish elections, failed, by ten votes, to mandate Mariano Rajoy to form a coalition Government. If this deadlock continues there may well be an unprecedented third Christmas election. Add to this the increasingly strident demands for independence in Catalan and some Basque regions and we have a very difficult situation in Snatander's home country. International bank or not, this will surely do no good for Santander's share price...