We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| CT Property Trust Limited | BREI | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 84.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 84.00 | 84.00 |
| Top Posts |
|---|
Posted at 30/6/2022 08:46 by spectoacc Something can fall 7% pa for ever, in theory :) But agreed - as much on the notion that they think they can see out for 10 years.Haven't seen the note - quote was from: "“Recession will likely lead office occupancy and market rental values to decline and property prices to fall apart,” the bank said in a research note." "Cheap money and ultra-low bond yields have allowed investors to outbid one another for property, which for a number of years has been one of the few asset classes that has offered a reasonable return." Could apply the last paragraph to all property, particularly BREI's Industrial. Yet to read SREI's RNS this morning shows how rental growth is catching up with capital values. ie it's not as per that last para - all yield compression - it's demand-led, at least in Industrial where it's structural.. I hope :) Not forgetting the huge discounts. |
Posted at 30/6/2022 06:49 by spectoacc Re yesterday's major d/g:"Investors took fright after analysts at Bank of America did an about-turn on their view of the office sector amid a “perfect storm” of factors weighing on the outlook and cut its earnings forecasts for office landlords by 7 per cent a year for the next ten years." Seems a bit extreme - minus 7% pa for a decade - but agree with them that offices are not the place to be. Not quite the new Retail, but not far off. Not a worry for BREI, not that you'd know it from the s/p. |
Posted at 22/6/2022 17:04 by george stobart it is likely that this one will merge with its bigger brother in BMO the BCPT REIT and investors in BREI will get destroyed and humiliated |
Posted at 09/6/2022 13:43 by spectoacc Nearest they get to investor relations is if their brother or sister owns some shares. |
Posted at 09/6/2022 12:34 by gary1966 Sadly no investor relations which isn't great in this day and age. |
Posted at 09/6/2022 11:13 by speedsgh I suppose it might be worth asking investor relations, if BREI have such? |
Posted at 24/6/2021 11:54 by spectoacc Aye in fairness, if BREI traded over NAV, a placing to raise funds to buy more property wouldn't be unreasonable. Not sure I'd still be in it at a premium mind.For most of them, the best property deals atm are to buy back their own shares at a thumping discount. FWIW, interesting Times article this morning on some of the Unit Trusts: "Savers must wait for up to two years to get their money back from property funds run by Aegon Asset Management and Aviva Investors, after the pair closed their doors permanently. Aegon said that it would shut the £381 million Aegon Property Income fund, after failing to raise enough cash to satisfy investor withdrawals during a 13-month suspension. The move comes a month after Aviva made the same decision on its £367 million property fund. Both firms said it would take between 12 and 24 months to sell the remaining assets. Aegon said that it would return cash to investors “as quickly as possible, in a fair and orderly manner”. The first payment from Aegon should take place a few days after the closure of the fund as it has about 40 per cent of cash on its balance sheet." Be interesting to see what junk they've got that they can't shift in this hot market, and why it'll take another 12-24 months. |
Posted at 26/5/2021 14:32 by alan pt I don't normally post, but I do read a lot, so I can see that there are some very experienced investors here who like SREI. That puzzles me a little - like SLI, the collection numbers aren't good (at least compared with BREI, EPIC, SERE)I get that the buybacks generate some short/medium term gain, but I find it disappointing that they spend money on that (and on paying a big loan repayment penalty) rather than investing in properties in a depressed market With SLI I take the point that they seem to be favoured as a long term hold and may return to a premium, but that seems less true with SREI Obviously I'm missing something, but I can't work out what it is? Sorry, maybe this belongs on the SREI chat! |
Posted at 07/4/2021 07:52 by spectoacc Mildly interesting & relevant to us (particularly the redemption/flow numbers): |
Posted at 22/3/2021 08:52 by nickrl Fair set of results and good to see receivables pretty static so no its real cash coming in not being propped up by rent deferrals too much like some others. The latest uplift in the divi is about covered at the cash level so not much more scope to increase it imv although historically these always ran with a well uncovered divi which didn't seem to dissuade investors so who knows.Otherwise very little new from the recent trading update. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
