Added to YB: 2026-04-22
Pitch date: 2026-04-17
PCA.L [neutral]
Palace Capital Plc
-2.03%
current return
Author Info
No bio for this author
Company Info
Palace Capital plc is a real estate investment firm specializing in investment in entities operating in the property sector.
Market Cap
GBP 34.8M
Pitch Price
GBP 1.72
Price Target
N/A
Dividend
8.72%
EV/EBITDA
N/A
P/E
18.34
EV/Sales
3.29
Sector
Office REITs
Category
value
Theodosian Capital | Stocks Update 17/4/2026 - PCA – Disappointing update, but timing may be a factor
PCA.L (update): CBRE portfolio valuation down 16% to £31.3M at Mar-26 (offices -11%, leisure -25%) hit by Middle East conflict sentiment. Forum Exeter under offer at valuation price; 3 of 8 York apartments sold ~£370k avg vs book. NAV >£41M (£31.3M RE + >£10M cash) vs £35M market cap. Buyback commenced for accretion. IPD UK flat m/m contradicts sharp PCA decline.
Read full article (2 min)