Overview
Max Property intends to create significant value through: exploiting the current weakness of the real estate sector; targeting properties which meet specific investment criteria: location, scope for value enhancement through active management, and downside protection; using borrowings with a view to enhancing equity returns; enhancing rental and capital growth through active asset management; and then returning value to shareholders over the investment cycle.
News
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01 Mar 2021
Greencoat Renewables recaps on a big year of growth
Greencoat Renewables (GRP) reported final results for the year to 31 December 2020, with key highlights from the year including the following: 2020 Generation increased by 22% to 1,404GWh, 3 per cent below budget. (2019: 1,154GWh) 2020 Net cash generation increased by 36% to €66.4 million (2019: €48.7million) Dividend cover for 2020 of 1.7x Increased the portfolio […]
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26 Nov 2014
Good six months for TR Property
TRY : Good six months for TR Property TR Property’s net asset value rose by 2.7% to reach 261.8p over the six months that finished on 30 September and the share price rose by a similar amount. The interim dividend has been increased from 2.85p to 2.95p. On a total return basis the fund beat […]
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26 Nov 2014
The big new trust betting property party isn't over
The big new trust betting property party isn’t over Source: http://citywire.co.uk/money/the-big-new-trust-betting-property-party-isnt-over/a785658?ref=james-carthew KWE, 2014’s biggest investment trust launch, is betting that Europe’s property market still has further to recover from credit crunch lows. In many ways, 2014 has been a bumper year for investment trusts, and money keeps on flooding in. Excluding Pershing Sqaure (PSH.AS) because it is […]
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03 Nov 2014
Fidelity Special Values maintains run of outperformance
FSV : Fidelity Special Values maintains run of outperformance Fidelity Special Values managed to beat the FTSE All-Share Index over the year to the end of August 2014, the third successive year that it has done so, delivering a total return of 10.7% on net assets vs. a return of 10.3% for the index. The fund’s […]
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18 Aug 2014
Max Property portfolio sale completed, delisting tomorrow (19 August 2014)
MAX : Max Property Portfolio sale completed, delisting tomorrow (19 August 2014) Max Property has announced that the sale of its entire issued share capital to Marina Topco (Jersey) Limited , approved by shareholders at the EGM on 11 August 2014 , has completed today (18 August 2014). The cancellation of the admission to trading on AIM and […]
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22 Jul 2014
Max Property : MAX - sales of portfolio and planned return of cash
The Board of Max Property, owner of a portfolio of property that includes St. Katherine’s Dock (pictured), has announced this morning that it has received an offer for its entire portfolio. A company controlled by Blackstone Real Estate Partners Europe IV has offered £414.2m in cash for Max’s portfolio – 22% more than the valuation of […]
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22 May 2014
Max Property : MAX - final results
Max Property has published its results for the year ended 31 March 2014. Over the year its EPRA NAV has risen by 21% from 136.5p to 164.5p on the back of a 12.4% uplift in the value of its property portfolio which, with income, translated into a 19.3% ungeared return on property. Within this its […]
