Palace Capital (PCA)

Sector:

Real Estate

Index:

FTSE Small Cap

 223.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 245.00
  • 52 Week Low: 202.00
  • Currency: UK Pounds
  • Shares Issued: 37.56m
  • Volume: 15,345
  • Market Cap: £83.76m

Palace Capital awards £35m York flats construction contract

By Duncan Ferris

Date: Monday 11 Feb 2019

LONDON (ShareCast) - (Sharecast News) - Palace Capital on Monday awarded the contract for the construction of its Hudson Quarter development in York, in a contract worth £35m.
The AIM traded company said demolition works had already been completed and construction by Caddick Construction, part of Yorkshire-based Caddick Group, is expected to commence this month with completion scheduled for early 2021, by which time the finished scheme will comprise of 127 apartments, 34,500 sq ft of offices, 5,000 sq ft of commercial space plus car parking.

Neil Sinclair, chief executive of Palace Capital, said: "We are delighted that we will be working with Caddick Construction over the next two years to construct this exciting development situated only one minute's walk away from York Railway Station and within the historic walls of York City."

Palace Capital has arranged a £26.5m debt facility with Barclays Bank, through its Leeds office, to part finance the scheme with the remainder funded from the company's existing cash resources.

Andrew Murray, managing director of Caddick Construction, said: "This is a prestigious development in the heart of York city centre so we feel very privileged to be part of this development. The Caddick team is looking forward to the next two years where we will see new life being breathed into Hudson Quarter."

Palace Capital's shares were up 1.96% at 306.00p at 0843 GMT.

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

 

Palace Capital Market Data

Currency UK Pounds
Share Price 223.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 245.00
52 Week Low 202.00
Volume 15,345
Shares Issued 37.56m
Market Cap £83.76m

Palace Capital Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.64% above the market average62.64% above the market average62.64% above the market average62.64% above the market average62.64% above the market average
17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average
Price Trend
3.58% below the market average3.58% below the market average3.58% below the market average3.58% below the market average3.58% below the market average
27.78% below the sector average27.78% below the sector average27.78% below the sector average27.78% below the sector average27.78% below the sector average
Income
18.08% above the market average18.08% above the market average18.08% above the market average18.08% above the market average18.08% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Growth
73.33% below the market average73.33% below the market average73.33% below the market average73.33% below the market average73.33% below the market average
75.76% below the sector average75.76% below the sector average75.76% below the sector average75.76% below the sector average75.76% below the sector average

Palace Capital Dividends

  Latest Previous
  3rd Interim 2nd Interim
Ex-Div 20-Mar-25 28-Nov-24
Paid 22-Apr-25 27-Dec-24
Amount 3.75p 3.75p

Trades for 30-May-2025

Time Volume / Share Price
16:35 456 @ 223.00p
16:35 16 @ 223.00p
16:35 109 @ 223.00p
16:35 7 @ 223.00p
16:35 22 @ 223.00p

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