Palace Capital (PCA)

Sector:

Real Estate

Index:

FTSE Small Cap

 225.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 245.00
  • 52 Week Low: 202.00
  • Currency: UK Pounds
  • Shares Issued: 37.56m
  • Volume: 145,793
  • Market Cap: £84.51m
  • Beta: 0.00

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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Palace Capital Market Data

Currency UK Pounds
Share Price 225.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 245.00
52 Week Low 202.00
Volume 145,793
Shares Issued 37.56m
Market Cap £84.51m
Beta 0.00

Palace Capital Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
28.47% above the market average28.47% above the market average28.47% above the market average28.47% above the market average28.47% above the market average
17.65% below the sector average17.65% below the sector average17.65% below the sector average17.65% below the sector average17.65% below the sector average
Price Trend
8.87% above the market average8.87% above the market average8.87% above the market average8.87% above the market average8.87% above the market average
16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average
Income
9.59% above the market average9.59% above the market average9.59% above the market average9.59% above the market average9.59% above the market average
4% below the sector average4% below the sector average4% below the sector average4% below the sector average4% below the sector average
Growth
88.08% below the market average88.08% below the market average88.08% below the market average88.08% below the market average88.08% 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

Palace Capital Dividends

  Latest Previous
  Final 3rd Interim
Ex-Div 12-Jun-25 20-Mar-25
Paid 14-Jul-25 22-Apr-25
Amount 3.75p 3.75p

Trades for 06-Jun-2025

Time Volume / Share Price
16:36 5,111 @ 225.00p
16:35 2,795 @ 225.00p
16:35 474 @ 225.00p
16:35 1,000 @ 225.00p
16:35 1,097 @ 225.00p

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