Palace Capital aims to maximise shareholder value through enhancing income returns, reducing void costs and generating capital value through strategic refurbishment and development of assets. The majority of properties are held for long-term sustainable rental income supporting our progressive dividend policy.

 

Key Financials

Final Year Ended 31 March 2017

Net asset value
£109.6m
Profit before tax
£12.6m
Dividend per share
18.5p
LTV
37%
Property portfolio
£183.2m
Net asset value per share
443p
Contractual rental income
£12.7m
Occupancy
91%
Weighted average lease length
5.8yrs