Palace produces solid half-year figures

Neil Sinclair

Palace Capital has posted a 1.4% rise in net asset value (NAV) for the first six months of its financial year.

NAV rose to 421p, compared to 415p at the end of March, while rental income rose during the six months to 30 September to £9.2m, compared to £7.1m at the same point last year. Pre-tax profit leapt to £8.4m from £4.9m at the same point last year, while the total accounting return stood at 4%.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now