|
|
|
Our MissionThe group seeks to enhance shareholder value by developing its property portfolio and through strategic acquisitions.
The GroupThe Cardiff Property plc is quoted on the London Stock Exchange (ticker symbol CDFF). The effectiveness of the group’s strategy is reflected in its performance over recent years. In the five years from 30 September 2005 net assets increased from 990p per share to 1,129p per share at 30 September 2010, despite the impact of IFRS and the economic downturn causing a slump in property prices. A further increase of 4% to 1,174p was recorded in the current year. The group benefits from substantial cash deposits and ongoing profitability. Dividend increased from 9.0p per share to 12.3p per share over that same period and, for the current year, has been maintained at 12.3p per share. Richard Wollenberg, Chairman, commented on the results for the year ended 30 September 2011, announced 24 November 2011: “The level of letting
enquiries for commercial property in the Thames Valley continues to be low.
Confidence in commercial property, with the exception of central London, has
fallen over the past year although certain institutional and private funds still
have the intention and appetite to invest.” A copy of the Preliminary Announcement is available in pdf format by clicking here. A copy of the 2011 Annual Report is available in pdf format by clicking here. The group wishes to acquire further commercial and residential sites and properties and any such opportunities should be sent to the company for the attention of Richard Wollenberg.
Contact Information
|
|
Send mail to webmaster@cardiff-property.com with
questions or comments about this web site.
|