Posted on 08 Dec 2017

Latest acquisition: RT Warren - completed October 2017


Palace Capital (PCA) attracted some crticism over the dilutive effect of a £65.7m share placing to fund the cost of acquiring property investment group RT Warren. Even so, over the past four years the group's adjusted net asset value has more than doubled to 451p a share, although that was at the September half-year, and will be lower after factoring in the placing.

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 | Tags: property acquisition