Alpha Real Trust Ltd. (ARTL)

Sector:

Real Estate

 208.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 208.00
  • 52 Week Low: 139.50
  • Currency: UK Pounds
  • Shares Issued: 59.71m
  • Volume: 0
  • Market Cap: £124.20m

Alpha Real Estate Trust's net asset value grows on German acquisition

By Iain Gilbert

Date: Friday 16 Nov 2018

LONDON (ShareCast) - (Sharecast News) - AIM-listed trust Alpha Real Estate saw its net asset value grow across the first half of its trading year, leading it to up its interim dividend by 50%.
Net asset value grew 6% year-on-year to £122.15m after Alpha acquired an industrial facility in Hamburg, Germany for £14.8m as part of its efforts to actively augment and diversify its portfolio of mezzanine loan investments.

Alpha also invested a further £12.3m into its loan portfolio during the period and has dropped an additional £1.8m into the same portfolio since the period ended on 30 September.

Basic earnings per share slipped to 2.5p from the 3p recorded a year earlier.

Chairman David Jeffreys, said: "The company remains well positioned to continue to deliver attractive returns through investing, realising and re-investing its capital in asset-backed investment opportunities."

As of 1020 GMT, Alpha shares were 1.79% higher at 139.96p.

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ARTL Market Data

Currency UK Pounds
Share Price 208.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 208.00
52 Week Low 139.50
Volume 0
Shares Issued 59.71m
Market Cap £124.20m

ARTL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.09% below the market average63.09% below the market average63.09% below the market average63.09% below the market average63.09% below the market average
65.52% below the sector average65.52% below the sector average65.52% below the sector average65.52% below the sector average65.52% below the sector average
Price Trend
77.18% above the market average77.18% above the market average77.18% above the market average77.18% above the market average77.18% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Income
47.89% below the market average47.89% below the market average47.89% below the market average47.89% below the market average47.89% below the market average
47.62% below the sector average47.62% below the sector average47.62% below the sector average47.62% below the sector average47.62% below the sector average
Growth
57.68% below the market average57.68% below the market average57.68% below the market average57.68% below the market average57.68% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average

ARTL Dividends

  Latest Previous
  Q2 Q1
Ex-Div 12-Dec-19 26-Sep-19
Paid 10-Jan-20 18-Oct-19
Amount 1.00p 1.00p

Trades for --2020

Time Volume / Share Price
0 @ 0.000p

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