Hansteen Holdings (HSTN)

Sector:

Property Investment Trusts

Index:

FTSE Small Cap

104.00p
   
  • Change Today:
    -0.80p
  • 52 Week High: 104.80
  • 52 Week Low: 86.30
  • Currency: UK Pounds
  • Shares Issued: 427.30m
  • Volume: 110,196
  • Market Cap: £444.39m
  • RiskGrade: 83
  • Beta: 0.37

Hansteen announces GBP86.5m of property disposals

By Michele Maatouk

Date: Monday 24 Dec 2018

LONDON (ShareCast) - (Sharecast News) - Industrial property investor Hansteen has simultaneously exchanged contracts and completed the sale of 22 properties for £67.9m in cash to a wholly-owned subsidiary of Stenprop Limited.
The multi-let portfolio comprises 1.16 million sq ft of space, of which 5.8% is vacant and has a contracted rent roll of £4.89m a year.

In addition, Hansteen has completed the sale of a further four assets in individual transactions for £18.6m. These assets have a floor area of 205,000 sq ft, include 10.4 acres of land and have a contracted rent roll of £0.9m per annum.

In total, the sales were at £6.5m, or 8.3% above the 30 June 2018 valuation.

Hansteen said it plans to use the sale proceeds to reduce the balance on its revolving debt facility.

At 1020 GMT, the shares were down 1.3% to 94.75p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HSTN Market Data

Currency UK Pounds
Share Price 104.00p
Change Today -0.80p
% Change -0.76 %
52 Week High 104.80
52 Week Low 86.30
Volume 110,196
Shares Issued 427.30m
Market Cap £444.39m
Beta 0.37
RiskGrade 83

HSTN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.20% above the market average18.20% above the market average18.20% above the market average18.20% above the market average18.20% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Price Trend
27.98% above the market average27.98% above the market average27.98% above the market average27.98% above the market average27.98% above the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average
Income
26.95% above the market average26.95% above the market average26.95% above the market average26.95% above the market average26.95% above the market average
15.15% below the sector average15.15% below the sector average15.15% below the sector average15.15% below the sector average15.15% below the sector average
Growth
88.45% below the market average88.45% below the market average88.45% below the market average88.45% below the market average88.45% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HSTN Dividends

  Latest Previous
  Interim Final
Ex-Div 26-Sep-19 04-Apr-19
Paid 25-Oct-19 17-May-19
Amount 2.00p 3.80p

Trades for 09-Dec-2019

Time Volume / Share Price
14:01 80 @ 103.66p
13:55 11,612 @ 103.70p
13:40 146 @ 104.20p
13:40 334 @ 104.00p
13:40 1,333 @ 104.00p

HSTN Key Personnel

Finance Director Richard Lowes

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