Overview
Secure Property Development and Investment, a property development and investment company incorporated in Cyprus, was established in June 2005 to undertake investments in the real estate market in Ukraine. Following its recapitalization in mid-2011, its geographic focus has changed from country-specific to regional, so as to cover a number of high potential East and South East European markets (the Region), including but not limited to Romania, Bulgaria, Serbia and Montenegro. Secure Property Development and Investment intends to provide its shareholders with attractive returns, principally derived from the operation of income generating properties, from capital appreciation through investment in high yield real estate assets and from capital return generated from development projects and related investments, principally in and around the major population centers in the Region.
Fundamentals
Price
News
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30 Sep 2019 2 min read
QuotedData’s other news 30 September 2019
Several investment companies reported results this morning. In QuotedData’s other news 27 September 2019: Africa Opportunity Fund (AOF) reported half-year results to 30 June 2019 with NAV per share of US$0.689 as at 30 June 2019; this represented a 2% increase from the 31 December 2018. AOF noted that the single biggest factor on the negative front is an underlying macro-economic pattern in several African countries. Governments in countries […]
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10 Jul 2019 1 min read
QuotedData’s other news 10 July 2019
In QuotedData’s other news 10 July 2019 One of the smallest listed investment companies, SVM UK Emerging, published results for the year ended 31 March 2019. It underperformed its benchmark, returning -1.8% in NAV terms and -6.7% in share price terms against a 2.8% return for the IA UK All Companies sector average [no we don’t […]
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24 May 2019 1 min read
QuotedData’s other news 24 May 2019
Secure Property Development & Investment (SPDI) has provided an updates on the sale of its non-Greek assets to Arcona Property Fund N.V. Witan Investment Trust has announced that shareholders approved its proposed five-for-one share split at the company’s Annual General Meeting on 1 May 2019. The split will take effect from 28 May 2019. BMO […]
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18 Dec 2018 4 min read
Secure Property Development and Investment sells non-Greek assets
Secure Property Development and Investment sells non-Greek assets – Secure Property Development & Investment has entered into an agreement for the sale of its property portfolio, excluding its Greek logistics properties, in an all-share transaction to Arcona Property Fund N.V.. The deal values SPDI’s non-Greek portfolio at EUR29.25 million (based on a net asset value of […]
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10 Oct 2017 3 min read
Secure Property Development buying Romanian logistics portfolio
Secure Property Development buying Romanian logistics portfolio – Secure Property Development and Investment has announced the proposed acquisition of up to a 50% interest in a portfolio of fully let logistics properties in Romania (the “Olympians Portfolio”), which currently generates a Net Operating Income of approximately €4.5m per annum. The Olympians Portfolio: Fully let Grade A […]
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09 Jun 2016 2 min read
Secure Property Development & Invest announces sale of Kiev warehouse, Terminal Brovary
Secure Property Development & Invest has announced that it has signed heads of terms, with Temania Enterprises Ltd, for the sale of its Kiev based warehouse, Terminal Brovary, at a Gross Asset Value exceeding US$16m (before deducting the outstanding EBRD attached loan). The company says that, as completion of the disposal is subject to a […]
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21 May 2015 1 min read
Secure Property issuing shares to acquire assets in Romania and Bulgaria
Secure Property Development & Investment has announced that it has agreed to acquire a series of property assets in Romainia and Bulgaria reflecting its strategy to build a portfolio of commercial real estate in East and South East Europe. The acquisition is to be funded by issuing new SPDI shares to the vendors of the […]
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11 Feb 2015 1 min read
Secure Property Development aiming to raise €10m
Secure Property Development & Investment is planning an issue of up to 29,719,890 new ordinary shares at 25p by way of an open offer to shareholders. The open offer shares are available on the basis of 1 new shares for every 1.14 existing shares held but shareholders can apply for more than that if they wish (up […]
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03 Sep 2014 1 min read
Secure Property Development adds to its Romanian exposure
SPDI : Secure Property Development adds to its Romanian exposure Secure Property Development & Investment has announced that it is buying a 12,700 sqm residential portfolio in Bucharest, Romania. The portfolio contains 122 apartments split across four separate complexes in Bucharest. 87 of the 122 apartments are let and these produce net operating income of […]
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23 May 2014 1 min read
SECURE Property Development & Investment : SPDI – acquisition
SECURE Property Development & Investment PLC has announced that it has bought Innovations logistics park in Bucharest, Romania, for €12.6m; funded by €4.4m of cash resources, by issuing 785,000 redeemable shares and with bank debt. The logistics park has 17,000 sqm of gross leasable area and is located in Clinceni in Bucharest, which benefits from being on the Bucharest ring road, […]
