In QuotedData’s other news 6 September 2019 –
- International Public Partnerships has announced its interim results for the six months ending 30 June 2019. Key financial highlights include: NAV per share growth to 150.3 pence (31 December 2018: 148.1 pence); Interim dividend increase to 3.59 pence per share (30 June 2018: 3.50 pence per share); IFRS profit before tax of £83.7 million (30 June 2018: £65.9 million); and a target 2019 and 2020 full-year dividends of 7.18 and 7.36 pence per share, respectively.
- Triple Point Social Housing REIT has announced its interim results for the six months ending 30 June 2019. Key financial highlights include: IFRS net asset value per share of 103.96 pence at 30 June 2019 (31 December 2018: 103.65 pence); portfolio independently valued as at 30 June 2019 at £385.9 million on an IFRS basis (31 December 2018: £323.5 million), reflecting a valuation uplift of 6.87% against total invested funds of £370.4 million; the portfolio’s total annualised rental income was £21.1 million as at 30 June 2019 (31 December 2018: £17.4 million); operating profit for the period ended 30 June 2019 was £11.0 million (30 June 2018: £6.1 million); the ongoing charges ratio of 1.58% as at 30 June 2019 (31 December 2018: 1.58%; 30 June 2018: 1.85%); during the period, the Group drew down £31.3 million of the £70 million revolving credit facility agreement.
We also have stories on Pacific Horizon’s annual results (a better second half) and Triple Point Social Housing REIT’s acquisition of six supported living properties.
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