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IRET Ing Uk

52.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ing Uk LSE:IRET London Ordinary Share GB00B0LCW208 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 52.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Ing Uk Real Estate Income Trust Share Discussion Threads

Showing 226 to 249 of 350 messages
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
15/4/2010
07:37
A very positive-sounding set of results, plus the confirmed takeover of Rugby REIT. NAV at 56p per share, gearing down and a fully covered 8% divi. Sounds almost too good to be true.
lord gnome
16/3/2010
16:51
Good disposal price - 19% above December valuation!
lord gnome
16/2/2010
17:23
And that's before I've hit the juice!!
alanji
16/2/2010
15:37
ALAN - different company!!

This is the latest news - manager's update:

skyship
16/2/2010
15:24
Do you mean this? 15/02/2010 07:00 UKREG STATEMENT RE POSSIBLE OFFER
asmodeus
16/2/2010
15:15
Where is the rns? Or, am I missing something?
Must admit I have been sitting on the sidelines a bit recently.

alanji
16/2/2010
14:44
In what way, Alan?
asmodeus
15/2/2010
09:04
any thoughts on the bid, this was one of the best value reits out there in terms of debt and dividend coverage , not sure of the rationale for this looks like an early call on the cycle as if a double dip then just want to bunker down collect the rent and keep quiet.

if we think this has bottommed out then could be a sensible buy, the price is 50% higher than laxey offered

kavnish
15/2/2010
08:51
Possible bid con firmed in RNS
flying pig
14/2/2010
10:20
IRET to bid for RUGB (acknowledgements to Qwazi on the CP+ thread):
skyship
21/1/2010
15:28
News today, with external valuation and asset value 55 pence per share. Decent uplift, and probably a little more to come.
flying pig
08/1/2010
09:37
Good to see that they've finished the documentation of the management agreement, which should reduce costs.

I do not expect huge excitement in the short term, but this should pay sensible dividends and recover in line with commercial property prices. we basically need an update to get a better feel.

flying pig
15/12/2009
15:51
Thanks, Tilton. Still, the share price has gone up about 4.7% since. Perhaps others have mis-read the trades like me! (or thought what I wrote was correct).
asmodeus
15/12/2009
15:20
asmo,

I think you will find that one of the trades was a sell, and got crossed through the market.

tiltonboy

tiltonboy
15/12/2009
15:05
Amazing - 2 buys, one of about 9.6m and one of about6.8m shares at full offer price and the share price doesn't immediately move and not much when it finally does!
asmodeus
04/11/2009
19:41
another penny dividend; very welcome. sit back and relax.

We await the manager's report, and perhaps light at the end of the tunnel? At least the share price has recovered in recent months.

flying pig
21/10/2009
22:16
Well,
NUMIS have been 'keen' in the mkt. for some time.

On 'behalf of' or for their 'own account' is not yet clear.

Looking out for a 'holdings notice'.

2b..

2baffled
21/10/2009
16:05
I thought this was asleep for the winter. Any ideas??
das3
20/10/2009
08:21
martin,tilton,eeza: thanks very much. Will check out. Beats BLND anyway :)
das3
19/10/2009
09:48
QWIL - 13%. 0.8euro cents/qtr (approx 7.2p).
eeza
19/10/2009
09:43
das,

CPBC yield 8.45%. The other issues from Co-Op yield 1% less.

tiltonboy

tiltonboy
19/10/2009
09:39
das3,

IRP has NAV 72.9p @ 30jun09
Pays 7.2p dividend p/a (1.8p per Q)

Currently 72.75/74.5 but could buy around 70p end of last week, may get another chance if the seller is still about.

martincc
19/10/2009
09:09
Good to see someone still on here! 1p per quarter, that's over 8%, and imo a safe 8%.

Anyone recommend other high yielders?

das3
19/10/2009
08:18
the property market is not as dreadful as it was.



ING UK Real Estate Income Trust Limited


19 October 2009


ING UK Real Estate Income Trust Limited (IRET) - Net Asset Value as at 30 September 2009


The unaudited Net Asset Value ('NAV') per share of ING UK Real Estate Income Trust Limited (the "Company") as at 30 September 2009 was GBP 160.8m, reflecting approximately 49 pence per share.


Excluding asset sales there has been a GBP 2.7m increase in the underlying property portfolio valuation, representing a 0.8% increase over the period.


The NAV attributable to the Ordinary Shares is calculated under International Financial Reporting Standards ('IFRS') and has remained broadly in line with the NAV in the previous quarter. It includes a downwards adjustment in respect of the mark to market value of the interest rate swaps of GBP 1.1m.


This NAV figure incorporates the external portfolio valuation as at 30 September 2009. It includes income for the current quarter and is calculated after the deduction of dividends paid prior to 30 September 2009, but it does not include provision for the next quarterly dividend which is expected to be paid in November 2009.


The unaudited NAV is as follows:


30 Sept 2009 £m 30 Jun 2009 £m 31 Mar 2009 £m 31 Dec 2008 £m

Investment properties
333.4 357.3 395.6 436.0

Other assets

45.1 56.7 36.2 28.6

Other liabilities

(15.3) (15.8) (17.0) (15.3)

Borrowings

(190.0) (225.0) (225.0) (225.0)

Market value of interest rate swaps
(12.4) (11.2) (16.7) (14.0)

Net Asset Value

160.8 162.0 173.1 210.3

An external valuer will next value the property portfolio during December 2009 and the NAV per share as at 31 December 2009 will be issued in January 2010. The Company will be preparing its next Annual Report to 31 December 2009, and this will be issued to shareholders in April 2010. The figures at that date are subject to audit.



Investment Manager Commentary


The UK Commercial Property Market, having experienced negative valuation movements since mid 2007, finally appears to be showing signs of stabilisation. The IPD Monthly Index showed positive capital growth in both August and September of 0.2% and 1.1% respectively.


There appears to be both widened and increased investor demand and set against this backdrop, the majority of the Company's assets saw either an unchanged or positive revaluation movement over the quarter.

flying pig
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older

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