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 Results: Year ended 31 March 2016

Net asset value
£106.8m
Profit after tax
£11.8m
Dividend per share
16p
LTV
37%
Property portfolio
£174.5m
Net asset value per share
414p
Contractual rental income
£13.5m
Occupancy
89%
Weighted average lease length
6.3yrs