PPHE Hotel Group Ltd (PPH)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

974.00p
   
  • Change Today:
    -26.00p
  • 52 Week High: 2,140.00
  • 52 Week Low: 805.00
  • Currency: UK Pounds
  • Shares Issued: 42.46m
  • Volume: 427,694
  • Market Cap: £413.55m
  • RiskGrade: 226

PPHE Hotel Group buys Waterloo site for ?12m

By Josh White

Date: Monday 02 Dec 2019

LONDON (ShareCast) - (Sharecast News) - PPHE Hotel Group has acquired the freehold interest in a site located in London SE1, with a view to developing the Site into a hotel, subject to planning permission being obtained, it announced on Monday.
The FTSE 250 hotel owner and developer said the site was acquired from a third party seller at a total investment of £12m, excluding taxes and associated costs, funded from the group#s existing cash.

It said it acted quickly to secure the "attractive opportunity", is situated near Park Plaza London Waterloo.

"The acquisition is aligned to PPHE Hotel Group's proven development strategy of targeting real estate in prime locations and attractive geographies where there is significant upside potential to drive growth and long-term value through both the property portfolio and operations," the board said in its statement.

Email this article to a friend

or share it with one of these popular networks:


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.

 

PPH Market Data

Currency UK Pounds
Share Price 974.00p
Change Today -26.00p
% Change -2.60 %
52 Week High 2,140.00
52 Week Low 805.00
Volume 427,694
Shares Issued 42.46m
Market Cap £413.55m
RiskGrade 226

PPH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
72.19% above the market average72.19% above the market average72.19% above the market average72.19% above the market average72.19% above the market average
42.03% above the sector average42.03% above the sector average42.03% above the sector average42.03% above the sector average42.03% above the sector average
Price Trend
55.66% below the market average55.66% below the market average55.66% below the market average55.66% below the market average55.66% below the market average
8.33% below the sector average8.33% below the sector average8.33% below the sector average8.33% below the sector average8.33% below the sector average
Income
17.32% above the market average17.32% above the market average17.32% above the market average17.32% above the market average17.32% above the market average
13.64% above the sector average13.64% above the sector average13.64% above the sector average13.64% above the sector average13.64% above the sector average
Growth
14.45% below the market average14.45% below the market average14.45% below the market average14.45% below the market average14.45% below the market average
32.35% above the sector average32.35% above the sector average32.35% above the sector average32.35% above the sector average32.35% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
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.

PPH Dividends

  Latest Previous
  Final Interim
Ex-Div n/a 19-Sep-19
Paid n/a 15-Oct-19
Amount 0.000p 17.00p

Trades for 18-Sep-2020

Time Volume / Share Price
16:44 96,657 @ 974.00p
16:56 1,672 @ 974.00p
16:35 298,043 @ 974.00p
16:29 164 @ 992.00p
16:29 1 @ 992.00p

Top of Page