Share Name Share Symbol Market Type Share ISIN Share Description
Spec Inves Prop LSE:SIPP London Ordinary Share IM00BZ97VJ22 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 20.00p 18.50p 21.50p 20.00p 20.00p 20.00p 0.00 07:53:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 0.0 -0.2 -0.3 - 2.64

Spec Inves Prop (SIPP) Latest News

More Spec Inves Prop News
Spec Inves Prop Takeover Rumours

Spec Inves Prop (SIPP) Share Charts

1 Year Spec Inves Prop Chart

1 Year Spec Inves Prop Chart

1 Month Spec Inves Prop Chart

1 Month Spec Inves Prop Chart

Intraday Spec Inves Prop Chart

Intraday Spec Inves Prop Chart

Spec Inves Prop (SIPP) Discussions and Chat

Spec Inves Prop Forums and Chat

Date Time Title Posts
17/9/201615:30Specialist Investment Properties PLC: Niche Property Company24.00
03/9/201608:54YouInvest (AJ Bell) Issues and Problems14.00
22/4/201510:06SIPP : Can anyone recommend a good SIPP provider ?10.00
29/3/201504:49SIPP q&a's206.00
09/6/201314:44START YOUR OWN PENSION [SIPP] STUFF THE CITY.!!1.00

Add a New Thread

Spec Inves Prop (SIPP) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Spec Inves Prop trades in real-time

Spec Inves Prop (SIPP) Top Chat Posts

DateSubject
02/12/2016
08:20
Spec Inves Prop Daily Update: Spec Inves Prop is listed in the Travel & Leisure sector of the London Stock Exchange with ticker SIPP. The last closing price for Spec Inves Prop was 20p.
Spec Inves Prop has a 4 week average price of 20p and a 12 week average price of 20p.
The 1 year high share price is 20.50p while the 1 year low share price is currently 13.50p.
There are currently 13,204,095 shares in issue and the average daily traded volume is 496 shares. The market capitalisation of Spec Inves Prop is £2,640,819.
17/9/2016
15:30
hedgehog 100: SIPP has just announced two major acquisitions, and has now implemented its Investing Policy, though there should be lots more to come. It's share price has held steady at 20p, the level of its fundraising early this year. 15/09/2016 14:36 UKREG Specialist Investment PropertiesPLC Acquisition of Property "The Company is pleased to announce a further property acquisition in Fazeley, Staffordshire, comprising 12 one bedroom flats providing supported living accommodation for adults with learning difficulties (the "Property"). This will be the Company's third acquisition in the supported living sector and the eighth acquisition overall since it began implementing its new investment policy in March 2016. SL Boathouse Limited, a subsidiary of SIPP, has exchanged on the Property which is to be leased to Inclusion Housing Community Interest Company ("Inclusion Housing") on a 25-year inflation linked, full repair and insuring lease. Completion is due to occur on or around 26 September 2016. Inclusion Housing is an established housing association responsible for providing accommodation for adults with learning difficulties. Midway Care Group will be the care operator for the Property and will enter into an agreement with Inclusion Housing to underwrite any rental voids in the first five years of the lease. The consideration for the acquisition is GBP1,250,000 with SIPP funding GBP521,000 and the balance coming from funds drawn under its loan facility agreement with Heritage Square Limited. The gross initial rent per annum will be GBP115,000. The Property is being purchased from Midcroft Care Limited, of which 50 per cent. is owned by Midway Care Group." http://uk.advfn.com/stock-market/london/spec-inves-prop-SIPP/share-news/Specialist-Investment-PropertiesPLC-Acquisition-of/72442253 15/09/2016 17:02 UKREG Specialist Investment PropertiesPLC Acquisition of Property "The Company is pleased to announce that it has exchanged contracts to acquire, on completion of construction, a newly refurbished and extended freehold property. This property will comprise 16 one bedroom flats providing supported living accommodation and is in Workington, Cumbria (the "Property"). This is the fourth acquisition in the supported living care sector and the ninth acquisition overall. The Property is being constructed by converting and extending a former hotel; construction is currently underway and is expected to be completed by the end of 2016. Completion of the acquisition will not take place until all construction has been completed as attested by an independent monitoring surveyor. A further announcement will be made by the Company upon completion of the acquisition. The acquisition is being made through a sale agreement entered into by a subsidiary of SIPP, SL Workington Limited ("SL Workington"). SL Workington will not be involved in, or be obliged to provide any funding in conjunction with the construction process. An agreement has been entered into to lease the Property on a 25-year inflation linked, full repair and insuring lease to Inclusion Housing Community Interest Company ("Inclusion Housing") from completion of the acquisition. The initial annual rent under the terms of the lease will be approximately GBP178,000 per annum. Inclusion Housing is an established housing association and will be responsible for placing adults with physical and mental disabilities into the Property and care services will be provided by Lifeways Finance Limited. The consideration for the acquisition will be approximately GBP2.34m. SIPP has two alternative proposals for funding this. As discussed in the Interim Statement of 2 August 2016, the Company is reviewing its options for raising further equity finance. If this is done before the construction of the Property is complete, SIPP expects to fund approximately GBP910,000 from cash resources with the balance coming from funds drawn under the Company's existing loan facility agreement with Heritage Square Limited ("Heritage Square"). In the event that the Company does not proceed with an equity fundraising, SIPP would fund approximately GBP410,000 from cash resources, with the balance coming from funds drawn down under the new framework agreement described in its interim statement of 2 August 2016. The Properties are being acquired from The Viaduct Hotel Limited, a company owned by Mr Patrick Roe and Mr James Lancaster. John Le Poidevin said: "We are delighted to be making good progress in another of our core sectors, supported living. As we stated in our interim statement, we believe this is an attractive area for investment and we have a strong further pipeline of acquisitions to make in this sector." The Property is being constructed by converting and extending a former hotel; construction is currently underway and is expected to be completed by the end of 2016. Completion of the acquisition will not take place until all construction has been completed as attested by an independent monitoring surveyor. A further announcement will be made by the Company upon completion of the acquisition. The acquisition is being made through a sale agreement entered into by a subsidiary of SIPP, SL Workington Limited ("SL Workington"). SL Workington will not be involved in, or be obliged to provide any funding in conjunction with the construction process. An agreement has been entered into to lease the Property on a 25-year inflation linked, full repair and insuring lease to Inclusion Housing Community Interest Company ("Inclusion Housing") from completion of the acquisition. The initial annual rent under the terms of the lease will be approximately GBP178,000 per annum. Inclusion Housing is an established housing association and will be responsible for placing adults with physical and mental disabilities into the Property and care services will be provided by Lifeways Finance Limited. The consideration for the acquisition will be approximately GBP2.34m. SIPP has two alternative proposals for funding this. As discussed in the Interim Statement of 2 August 2016, the Company is reviewing its options for raising further equity finance. If this is done before the construction of the Property is complete, SIPP expects to fund approximately GBP910,000 from cash resources with the balance coming from funds drawn under the Company's existing loan facility agreement with Heritage Square Limited ("Heritage Square"). In the event that the Company does not proceed with an equity fundraising, SIPP would fund approximately GBP410,000 from cash resources, with the balance coming from funds drawn down under the new framework agreement described in its interim statement of 2 August 2016. The Properties are being acquired from The Viaduct Hotel Limited, a company owned by Mr Patrick Roe and Mr James Lancaster. John Le Poidevin said: "We are delighted to be making good progress in another of our core sectors, supported living. As we stated in our interim statement, we believe this is an attractive area for investment and we have a strong further pipeline of acquisitions to make in this sector." " http://uk.advfn.com/stock-market/london/spec-inves-prop-SIPP/share-news/Specialist-Investment-PropertiesPLC-Acquisition-of/72443697 16/09/2016 12:00 UKREG Specialist Investment PropertiesPLC Implementation of Investing Policy "On 16 September 2015, the Company announced that its shareholders had voted at a general meeting of the Company to adopt a new investing policy to become an investment property company acquiring and holding freehold properties (and, in rare cases, long lease-hold properties) in specialised sectors of the property market, with an initial and primary focus on investing in purpose-built homes for adults with learning difficulties requiring support from carers (for example adults with autism), purpose-built care homes for the elderly and infirm and converted dwellings accommodating young adults/late teens requiring extensive support from social services (the "Investing Policy"). The Company is pleased to announce that it has implemented its Investing Policy in accordance with the AIM Rules for Companies. The Company also announced on 30 June 2016 that following the departure of David Craine from the board, it intended to appoint a further non-executive director. The Company is continuing its search for an individual with the experience and skills to benefit the board. A further announcement will be made in due course." http://uk.advfn.com/stock-market/london/spec-inves-prop-SIPP/share-news/Specialist-Investment-PropertiesPLC-Implementation/72451027
04/9/2016
15:40
hedgehog 100: On Friday afternoon SIPP announced its seventh acquisition, and the share price rose a penny to 20p, its highest level since January (when it was still HCP). 02/09/2016 14:46 UKREG Specialist Investment PropertiesPLC Acquisition of Property "The Company is pleased to announce its seventh acquisition since implementing its new investment policy in early 2016. SIPP Holdings Limited ("SIPP Holdings"), a subsidiary of SIPP, has entered into a share purchase agreement to acquire a special purpose vehicle ("SPV"), HB Villages St Helens Limited, which will own four supported living bungalows (the "Properties") in St Helens, Merseyside. Construction of the Properties is due to take approximately ten months and completion of the acquisition will not take place until construction has been fully completed. SIPP Holdings will not be involved in the construction process or be obliged to provide any funding in conjunction with it. The required planning consents for the Properties have been obtained. An agreement has been entered into to lease the Properties to Inclusion Housing Community Interest Company ("Inclusion Housing") on a 35-year inflation linked, full repair and insuring lease. The first year's rent under the terms of the lease is approximately GBP47,000 per annum. Inclusion Housing is an established housing association and will be responsible for placing adults with physical and mental disabilities into the Properties, care services will be provided by Lifeways Finance Limited. The consideration for the acquisition will be GBP724,686 with SIPP funding GBP220,686 and the balance coming from funds drawn under the Company's loan facility agreement with Heritage Square Limited. The Properties are being acquired from HB Villages Developments 2 Limited which is ultimately owned by Morgan Sindall Group Plc." http://uk.advfn.com/stock-market/london/spec-inves-prop-SIPP/share-news/Specialist-Investment-PropertiesPLC-Acquisition-of/72348261 Interestingly, this is SIPP's first acquisition of properties that have yet to be built.
11/8/2016
15:38
hedgehog 100: The first SIPP share price rise today for over five months, up a penny to 16.5p on volume of 30,000 shares traded. Time/Date Price Volume Trade value Type 14:13:42 16.00 5,000 800.00 O 14:12:42 16.00 25,000 4,000.00 O 15:13:12 10-Aug-16 14.00 175,000 24,500.00 OK 10:15:15 26-Jul-16 15.48 1,500 232.12 O 14:28:12 25-Jul-16 15.00 2,500 375.00 O http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/IM00BZ97VJ22GBGBXAIMI.html SIPP's interim results last week made for encouraging reading: 02/08/2016 07:01 UKREG Specialist Investment PropertiesPLC Half-year Report Interim results for the six months ended 30 June 2016 http://uk.advfn.com/stock-market/london/spec-inves-prop-SIPP/share-news/Specialist-Investment-PropertiesPLC-Half-year-Repo/72108719
16/6/2016
16:57
hedgehog 100: And yet another acquisition, yesterday, the third in under three weeks: 15/06/2016 13:55 UKREG Specialist Investment PropertiesPLC Acquisition of Property "The Company is pleased to announce a further property acquisition, being the sixth property that the Company has acquired since implementing its new investment policy in early 2016. Secta Properties Limited ("Secta"), a subsidiary of SIPP, has exchanged on a property in Birmingham which is to be leased to Meadows Care Limited ("Meadows Care") as a children's home on a 25-year inflation linked full repair and insuring lease. Completion is due to occur on 23 June 2016. Meadows Care is a well-established children's home care operator, with over 10 years' experience. This property will be managed by Meadows Care as part of its agreement with Birmingham City Council to look after young people. The consideration for acquisition was GBP570,000 with SIPP funding GBP216,000 and the balance coming from funds drawn under its loan facility agreement with Heritage Square Limited. The property was purchased from the private individuals, Darren Mann and Elizabeth Mann." http://uk.advfn.com/stock-market/london/spec-inves-prop-SIPP/share-news/Specialist-Investment-PropertiesPLC-Acquisition-of/71737863
10/6/2016
18:00
hedgehog 100: Another acquisition, just two weeks after the last one: 10/06/2016 15:44 UKREG Specialist Investment PropertiesPLC Acquisition of Property "The Company is pleased to announce a further property acquisition, being the fifth property that the Company has acquired since implementing its new investment policy in early 2016. Secta Properties Limited ("Secta"), a subsidiary of SIPP, has exchanged on a property in Birmingham which is to be leased to Meadows Care Limited ("Meadows Care") as a children's home on a 25-year inflation linked full repair and insuring lease. Completion is due to occur on 8 July 2016. Meadows Care is a well-established children's home care operator, with over 10 years' experience. This property will be managed by Meadows Care as part of its agreement with Birmingham City Council to look after young people. The consideration for acquisition was GBP424,500 with SIPP funding GBP158,500 and the balance coming from funds drawn under its loan facility agreement with Heritage Square Limited. The property was purchased from a private individual, Deborah Blackburn." http://uk.advfn.com/stock-market/london/spec-inves-prop-SIPP/share-news/Specialist-Investment-PropertiesPLC-Acquisition-of/71706164
27/5/2016
14:19
hedgehog 100: 27/05/2016 10:48 UKREG Specialist Investment PropertiesPLC Acquisition of Property "The Company is pleased to announce a further property acquisition, being the fourth property that the Company has acquired since implementing its new investment policy in early 2016. Secta Properties Limited ("Secta"), a subsidiary of SIPP, has exchanged and completed on a property in Birmingham which is to be leased to a care operator, Midway Care Group Ltd on a 25-year inflation linked full repair and insuring lease. The property will provide supported living accommodation to adults with learning disabilities. The consideration for acquisition was GBP245,000 with SIPP funding GBP92,000 and the balance coming from funds drawn under its loan facility agreement with Heritage Square Limited. The property was purchased from two private individuals, Thomas Hopkins and Kathleen Hopkins." http://uk.advfn.com/stock-market/london/spec-inves-prop-SIPP/share-news/Specialist-Investment-PropertiesPLC-Acquisition-of/71593398
03/3/2016
17:20
hedgehog 100: Some extracts from the 15th. January RNS from HCP (now renamed SIPP). Note Puma's track-record of top performance, strong fund-raising capability, and experience and contacts in the care sector: 15/01/2016 07:00 UK Regulatory (RNS & others) Hotel Corp (The) PLC Placing & Open Offer and Notice of EGM "2.6 Property Investment Adviser The Company announced today that it had entered into a property investment advisory agreement with Puma Investments. Puma Investments is a subsidiary of the Shore Capital group of companies. This agreement is summarised in the Circular. The asset management division of Shore Capital, including Puma Investments, has a long and successful track record of investing in property and property-related schemes, dating back to the launch of Puma Property in 2002 which achieved an IRR of close to 40 per cent. per annum. Its track record in smaller companies is now nearly 20 years. It currently manages six Venture Capital Trusts ("VCTs") which specialise in property and construction related deals. Each VCT is a five year life vehicle and the first five Puma VCTs launched, the last of which liquidated in 2014, were each rated the top performer in their peer group by the independent research house Martin Churchill's Tax Efficient Review (September 2014). The VCTs have raised close to GBP200 million to date. Puma Investments also manages a discretionary portfolio service invested in four specialised EIS companies (two focused on construction and two on pubs) and advises Heritage Square, a specialist property lender. An affiliate within the group is the property adviser to two investment property funds in Germany, Puma Brandenburg and Brandenburg Realty. In total the fund management group has around GBP800 million under management and has a large dedicated group of around 45 investment and property professionals. Puma Investments has demonstrated that it has strong fund-raising capability. The latest VCT, VCT 11, listed in May 2015 having raised over GBP30 million, making it the largest limited life VCT raising in that tax year (2014/5). Brandenburg Realty also closed in 2015, raising EUR150 million in equity. The EIS companies have raised GBP28 million since inception in 2014. 2.7 Puma Investments' Track Record in the Care Sector Puma Investments has substantial experience in the care sector having been involved in the construction and development of 12 homes for adults with learning difficulties, nine of which have been completed. It has been similarly involved in five care homes for the elderly, two of which have been completed and three of which are in construction. 2.8 Deal Flow Puma Investments has strong deal flow in the relevant sectors, including supported living properties and care homes for the elderly. Puma Investments has the platform to assist the Company in executing the investment strategy, working with experienced developers who have a strong track record experience of developing quality assets in these robust sectors of the property market. 2.9 Financial Returns The returns from the investment strategy are likely initially to be in the form of net income available for distribution. In due course, it is expected that there will also be the potential for capital growth as the specialised sectors become more acceptable for institutional investment and the portfolio which can be offered to third parties grows in size. Initial assessments indicate a strong potential for income generation, most of which could be distributed in dividends after covering the Company's overheads. The Company will target an initial dividend yield of seven per cent. per annum." http://uk.advfn.com/stock-market/london/spec-inves-prop-SIPP/share-news/Hotel-Corp-The-PLC-Placing-Open-Offer-and-Notice/70009958
02/3/2016
17:05
hedgehog 100: 02/03/2016 07:00 UKREG Specialist Investment Properties PLC Completion of Capital Raising & First Acquisitions " ... The Company is pleased to announce that it has now begun to implement this Investment Policy with the completion of the acquisition of its first two properties. Secta Properties Limited ("Secta"), a subsidiary of SIPP, has successfully completed the acquisition and leaseback of two existing children's homes in Heywood and Bury, Greater Manchester. Both homes are leased to Meadows Care Limited, a well-established children's home care operator, with over 10 years' experience, on a 25-year inflation linked FRI lease. The consideration for the two properties was GBP507,000 with SIPP funding GBP188,000 and the balance coming from funds drawn under the Framework Facility Agreement. The properties were purchased from Jonathan Rigg and Niel Shelmerdine, principals of Meadows Care Limited. In addition to the acquisitions, Secta is in discussions to purchase two more residential properties in Birmingham to be leased to Meadows Care Limited; this would enable Meadows Care Limited to fulfil part of its contract with Birmingham City Council to provide children's accommodation. A selection of further properties in the area are also being identified. The Company is also in discussions with developers, property owners and care operators in relation to further acquisition opportunities, both in the children's homes sector and supported living sector. Given the number of acquisition opportunities currently in negotiation, the Board expects the net proceeds of the Capital Raising to be fully deployed within the timeframe of three to six months stated in the Circular (defined below). The initial average gross rental yield from the most advanced acquisition opportunities currently identified and in discussion is expected to exceed 8% per annum. ... " http://uk.advfn.com/stock-market/london/spec-inves-prop-SIPP/share-news/Specialist-Investment-PropertiesPLC-Completion-of/70595756 SIPP has edged up a quarter penny on the day, to 19.5p (19p - 20p).
01/3/2016
18:29
hedgehog 100: 23/02/2016 07:00 UKREG Specialist Investment Properties PLC Result of Round 2 of the Open Offer "... The Company has therefore raised gross proceeds of c.GBP2.14 million from the Placing and Open Offer. ... Following Admission, the Company's issued share capital will consist of 13,204,095 Ordinary Shares, all with voting rights. The total number of current voting rights in the Company will therefore be 13,204,095. This figure (13,204,095) may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company. ... " http://uk.advfn.com/stock-market/london/spec-inves-prop-SIPP/share-news/Specialist-Investment-PropertiesPLC-Result-of-Roun/70491571 The net proceeds of the placing and open offer (i.e. after costs) were approximately £2.04M. Before the fundraising the company held approximately £300,000 in cash. So this adds up to about £2.34M., i.e. about 17.7p per share. SIPP's current mid price is 19.25p.
Spec Inves Prop share price data is direct from the London Stock Exchange
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:32 V: D:20161202 19:56:30