This company acquires and manages commercial and industrial properties throughout the UK.
Anyone holding this one?
No just you it appears!!
Anyway
It’s in wind down oak Bloke thinks it’s worth a buy for quick ISH profit
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Thanks for sharing… it’s not my best holding, but to be honest happy with the 7.4% dividend yield and 8% capital gains over the last year or so…
I think they are quite good on their niche, which commercial real estate in Birmingham.
I suspect your capital gain came from the announcement of the wind down?. Looks like a fair bit more to come (capital gain). At the same time you will need to find a replacement as they wind down and give you your share of the capital.
No shortage of alternative REIT’s although it will depend on when you get your money wherever there still a bargain. Good luck.
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