WAULT

EQS-News: CPI PROPERTY GROUP publishes financial results for 2023

Retrieved on: 
Wednesday, April 10, 2024
WAULT, EUR, CPI, Growth, Capital expenditure, ICR, Environment, GSG, Hotel, Webcast, CEE, NAV, EPRA, Investment, LTV, FFO

CPI PROPERTY GROUP (hereinafter “CPIPG”, the “Company” or together with its subsidiaries the “Group”), a leading European landlord, hereby publishes audited financial results for the financial year ended 31 December 2023.

Key Points: 
  • CPI PROPERTY GROUP (hereinafter “CPIPG”, the “Company” or together with its subsidiaries the “Group”), a leading European landlord, hereby publishes audited financial results for the financial year ended 31 December 2023.
  • “CPIPG’s results in 2023 demonstrate the resilient and high-yielding nature of real estate in the CEE region,” said David Greenbaum, CEO.
  • The Group raised over €2.5 billion of secured and unsecured external financing in 2023, including €1.2 billion of fresh cash.
  • CPIPG will host a webcast in relation to its financial results for 2023.

Helvetica Swiss Opportunity Fund shows net asset value in financial year 2023: significant increase in rental income

Retrieved on: 
Wednesday, March 13, 2024
Acquisition, HSO, Annual report, Helvetica, Sale, CHF, FINMA, WAULT, Cryptocurrency

Zurich, 5 March 2024 – The Helvetica Swiss Opportunity Fund (HSO Fund) has closed financial year 2023 with a stable result.

Key Points: 
  • Zurich, 5 March 2024 – The Helvetica Swiss Opportunity Fund (HSO Fund) has closed financial year 2023 with a stable result.
  • The preliminary application for a merger with the Helvetica Swiss Commercial Fund (HSC Fund) has been submitted to the FINMA.
  • The preliminary application for a merger with the HSC Fund was submitted to FINMA in February 2024.
  • In the reporting period, a commercial property in the Berne region was acquired for CHF 13 million, contributing CHF 0.9 million to rental income.

Custodian Property Income REIT plc: Third quarter trading update shows rental growth supporting fully covered dividends

Retrieved on: 
Wednesday, February 7, 2024
Consensus, Starbucks, RCF, WAULT, History, EPC, International, Lloyds Bank, Castle Donington, Investment, Prospectus, David House, National Timber Group, LTV, Tenant, Aviva, NAV, ITM Power, ERV, International Financial Reporting Standards, Acquisition, Lloyds Banking Group, Pride Park, West Midlands Ambulance Service, EPRA, Movement, Lease

The difference reflected movements in the Company’s capital expenditure, lease incentives and acquisition costs during the Quarter.

Key Points: 
  • The difference reflected movements in the Company’s capital expenditure, lease incentives and acquisition costs during the Quarter.
  • This was in contrast to occupier demand which delivered rental growth and has further improved the reversionary potential in Custodian Property Income REIT’s portfolio, which is now greater than it was at the start of 2023.
  • Investor sentiment towards real estate appears to have been closely correlated with the expected trajectory of interest rates, as determined by inflation data.
  • The Board has approved an interim dividend per share of 1.375p for the Quarter, fully covered by EPRA earnings, payable on 29 February 2024.

Swiss Prime Site Solutions Investment Fund Commercial closes out the 2022/23 financial year with strong cash flow yield of 5.4%

Retrieved on: 
Thursday, December 14, 2023
Policy, Growth, CO2, Annual report, CHF, ESG, WAULT, SPSS, Tax, OTC, Bank statement, Kovsie FM 97.0

The Swiss Prime Site Solutions Investment Fund Commercial («SPSS IFC») exceeded its cash flow yield target and demonstrated resilience in a challenging market environment.

Key Points: 
  • The Swiss Prime Site Solutions Investment Fund Commercial («SPSS IFC») exceeded its cash flow yield target and demonstrated resilience in a challenging market environment.
  • The high-yield portfolio recorded a strong cash flow yield of 5.43%, placing it well above the target range of 3.5% to 4.0%.
  • The net yields of the properties, which average 4.36%, sustainably support the high cash flow return and will remain the focus of the fund management.
  • The Swiss Prime Site Solutions Investment Fund Commercial is aimed at qualified investors and primarily invests in commercial real estate in established business locations throughout Switzerland.

Custodian Property Income REIT plc: Second quarter trading update shows rental growth supporting fully covered dividends and stable values

Retrieved on: 
Tuesday, November 7, 2023
Achieved, International, Next, Lloyd, International Financial Reporting Standards, Jack Wills, Pride Park, LTV, Administration, REIT, ERV, Growth, Investment, WAULT, Aviva, Attitude, History, NAV, Community, EPRA, Movement, Shotley Bridge, Blue Cross, Holding company, Mineral wool, Renting, Security (finance), Lease, Commercial property, Silviculture, Rare-earth element, Bank, Halfords

The outcome for the NAV of Custodian Property Income REIT has been a marginal decrease of 3.9% over the past three quarters.

Key Points: 
  • The outcome for the NAV of Custodian Property Income REIT has been a marginal decrease of 3.9% over the past three quarters.
  • It is the strength of the occupational market driving rental growth and low vacancy that will ultimately support fully covered dividends and earnings growth.
  • Income/earnings remain a central focus for Custodian Property Income REIT, and it is income that will deliver positive total returns for shareholders.
  • The Board has approved an interim dividend per share of 1.375p for the Quarter, fully covered by EPRA earnings, payable on 30 November 2023.

Custodian Property Income REIT plc: First quarter trading update shows rental growth supporting fully covered dividends and stable values

Retrieved on: 
Wednesday, August 9, 2023
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The listed property market is acutely sensitive to broader economic news with inflation, interest rates and potential recession all impacting investors’ confidence.

Key Points: 
  • The listed property market is acutely sensitive to broader economic news with inflation, interest rates and potential recession all impacting investors’ confidence.
  • In the current market, occupational demand is continuing to drive rental growth which is positive for interest cover and dividends.
  • Continued rental growth is the Investment Manager’s key objective together with capturing the reversionary potential through the letting of vacant space.
  • The Board has approved an interim dividend per share of 1.375p for the Quarter, fully covered by EPRA earnings, payable on 31 August 2023.

Introducing Wault: Empowering Consumers to Monetize Their Personal Data Through Selective Sharing

Retrieved on: 
Wednesday, July 12, 2023
Online, Parent, Advertising, Growth, AI, Housing, Table, Environment, Privacy, Marketing, Head, Cryptocurrency, Online shopping, WAULT

NEW YORK, July 12, 2023 /PRNewswire-PRWeb/ -- WYMSICAL, a leading technology company specializing in data authentication and security, and creator of the revolutionary Wault Software, is proud to announce the launch of its groundbreaking capabilities for consumers to monetize their personal data. Online users can receive rewards and incentives simply by sharing anonymous demographic information to advertisers. This data is then utilized to tailor ads to the specific interests and preferences of the user, resulting in a personalized and engaging experience that benefits both buyers and sellers.

Key Points: 
  • NEW YORK, July 12, 2023 /PRNewswire-PRWeb/ -- WYMSICAL, a leading technology company specializing in data authentication and security, and creator of the revolutionary Wault Software , is proud to announce the launch of its groundbreaking capabilities for consumers to monetize their personal data.
  • With Wault, consumers finally have the power to take control of their personal information, decide who to share it with, and be rewarded at the same time.
  • It's a game-changing shift that empowers individuals to be active participants in the data economy and rewarded for the value their data brings.
  • Simultaneously, Wault presents an entirely new opportunity for consumers to be rewarded for sharing their information, at their choosing and control.

EQS-News: ESPG extends lease with anchor tenant in Science Park “Lab City” until 2033

Retrieved on: 
Friday, June 2, 2023
GMP, Science park, Science, ESPG, University, Research, Tenant, Certification, Cologne, Heat, ESG, WAULT, Biomass, Fine chemical

Cologne, 2 June 2023: The European Science Park Group (ESPG), a real estate company specialising in science parks, has extended the lease agreement with the anchor tenant of the Science Park “Lab City” in Neu-Ulm until 31 December 2033.

Key Points: 
  • Cologne, 2 June 2023: The European Science Park Group (ESPG), a real estate company specialising in science parks, has extended the lease agreement with the anchor tenant of the Science Park “Lab City” in Neu-Ulm until 31 December 2033.
  • In addition, a sustainable energy concept for the property is being drawn up and implemented in close consultation with the tenant.
  • Ralf Nöcker, CEO of ESPG AG, comments on the conclusion of the contract: “Our science parks offer optimal conditions for technological breakthroughs and strengthen Germany as a location for science.
  • The ESPG portfolio currently comprises 16 science parks with a total area of more than 126,000 square metres.

Custodian REIT plc : Leasing momentum continues to drive income returns and support fully covered dividends

Retrieved on: 
Friday, November 11, 2022
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The refurbishment is expected to increase rents at the property from c. 20 per sqft towards c. 30 per sqft.

Key Points: 
  • The refurbishment is expected to increase rents at the property from c. 20 per sqft towards c. 30 per sqft.
  • The Board has approved another interim dividend per share of 1.375p for the Quarter, fully covered by EPRA earnings, payable on 30 November 2022.
  • The Board is targeting aggregate dividends per share9 of at least 5.5p for the year ending 31 March 2023.
  • At 30 September 2022 the property portfolio comprised 165 assets with a NIY of 5.9% (30 June 2022: 5.5%).

Custodian REIT plc : Asset management and strong leasing momentum driving first quarter NAV growth

Retrieved on: 
Tuesday, August 9, 2022
RPI, RCF, Burger King, Risk, Quarter, Ben Massarella, Savers, Burton upon Trent, Wickes, Building society, Investment, B&Q, Board, Range, DFS, Nationwide Building Society, EPC, EPRA, Income, History, Company, Aviva, Royal Bank of Scotland, Pod Point, Energy, Bury St Edmunds, EV, REIT, Weston-super-Mare, WAULT, Lloyds Bank, SONIA, Tenant, Royal Bank, Bunzl, LTV, RBS, KFC, Commercial property, Bank, Real estate, Lease, Self storage, Audi, Poundland

This investment strategy is supported by our strong balance sheet with modest levels of debt.

Key Points: 
  • This investment strategy is supported by our strong balance sheet with modest levels of debt.
  • In summary, if interest rates continue to rise, Custodian REIT is well insulated from the short to medium-term impact.
  • Occupational demand is reducing vacancy rates and driving rental growth, both of which are strongly supportive of earnings and underpin the Companys dividend strategy.
  • We still see value in the market as recent acquisitions demonstrate and the ongoing intensive asset management of the portfolio will maintain cash flow and support values.