Finance

Palace Capital collects 70% of third quarter rents and reinstates dividend

By 2020-10-13T07:37:00

Neil Sinclair

Palace Capital collected 70% of quarterly rents due in September, a higher percentage than at the equivalent stage in the two previous quarters.

In an update to the half year to 30 September, Palace also said March and June collections has now reached 94% and 90% respectively, and that the remaining rent for the current quarter would be paid via monthly arrangements in November and December.

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