By Frank Prenesti
Date: Thursday 03 Oct 2019
LONDON (ShareCast) - (Sharecast News) - CLS Holdings said it had bought two office buildings in London for £66.65m excluding costs. The properties have a blended annual passing rent of £4.2m and a net initial yield of 6.2%, which would provide a "meaningful" addition to the company's rental income.
The company said it would pay for the acquisitions through existing resources and bank financing. Completion is expected within four weeks.
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Currency | UK Pounds |
Share Price | 87.00p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 145.80 |
52 Week Low | 82.00 |
Volume | 0 |
Shares Issued | 397.21m |
Market Cap | £345.57m |
Beta | 0.00 |
RiskGrade | 119 |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 2 |
Buy | 2 |
Neutral | 0 |
Sell | 0 |
Strong Sell | 0 |
Total | 4 |
Latest | Previous | |
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Final | Interim | |
Ex-Div | 21-Mar-24 | 07-Sep-23 |
Paid | 02-May-24 | 03-Oct-23 |
Amount | 5.35p | 2.60p |
CEO | Fredrik Widlund |
CFO | Andrew Kirkman |
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