Hansteen Holdings (HSTN)

Sector:

Property Investment Trusts

Index:

FTSE Small Cap

 116.40p
   
  • Change Today:
      0.000p
  • 52 Week High: 117.00
  • 52 Week Low: 86.30
  • Currency: UK Pounds
  • Shares Issued: 427.30m
  • Volume: 1,497,268
  • Market Cap: £497.38m
  • RiskGrade: 116

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 116.40p
Change Today 0.000p
% Change 0.00 %
52 Week High 117.00
52 Week Low 86.30
Volume 1,497,268
Shares Issued 427.30m
Market Cap £497.38m
RiskGrade 116

HSTN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
6.49% below the market average6.49% below the market average6.49% below the market average6.49% below the market average6.49% below the market average
2.86% above the sector average2.86% above the sector average2.86% above the sector average2.86% above the sector average2.86% above the sector average
Price Trend
44.33% above the market average44.33% above the market average44.33% above the market average44.33% above the market average44.33% above the market average
38.89% above the sector average38.89% above the sector average38.89% above the sector average38.89% above the sector average38.89% above the sector average
Income
31.85% above the market average31.85% above the market average31.85% above the market average31.85% above the market average31.85% 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
88.3% below the market average88.3% below the market average88.3% below the market average88.3% below the market average88.3% 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 0
Neutral 1
Sell 0
Strong Sell 0
Total 2
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 24-Jan-2020

Time Volume / Share Price
16:59 1,008 @ 116.26p
16:59 1,008 @ 116.26p
16:58 1,153 @ 116.26p
16:57 4,038 @ 116.26p
16:35 93,019 @ 116.40p

HSTN Key Personnel

Finance Director Richard Lowes

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