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Circle Property Plc Circle Property Plc

Circle Property Plc

CRC
Rank in Stocks #41645
Circle Property Plc stands out as a top-tier performer among publicly traded UK... Circle Property Plc stands out as a top-tier performer among publicly traded UK real estate companies, evidenced by its Net Asset Value (NAV) total return, which combines capital growth and dividends. Since its initial public offering in 2016, the company has consistently delivered robust returns, achieving an impressive 87% absolute NAV growth. The company's strategic approach involves acquiring commercial office properties situated in regional UK cities, often in locations experiencing limited office supply. Circle actively seeks out assets that present significant opportunities for value enhancement through proactive management, such as those requiring refurbishment, being under-rented or vacant, or having short lease terms, prioritizing long-term growth potential over immediate high rental yields. Operating independently of the Real Estate Investment Trust (REIT) framework, Circle maintains the flexibility to reinvest proceeds from asset sales. These funds are channeled into its comprehensive refurbishment and redevelopment pipeline, as well as new investment prospects. This allows the company to target a broader range of shareholder returns, primarily driven by appreciation in Net Asset Value. Beyond its proven track record of boosting NAV, the company's portfolio exhibits considerable reversionary potential. As of September 30, 2019, the estimated annual rental value across its properties was approximately £10.9 million, notably surpassing the £8.2 million in contracted rent. The company's portfolio is made up of 15 commercial property investment and development assets located across various UK regions, collectively valued at £135.6 million on the same date.
Share Price
$0.04762455
Last synced: 2023-05-31
Market Cap
$13.91K
Change (1 day)
-4.05%
Change (1 year)
0.00%
Country
JE
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Stock price history for Circle Property Plc (CRC)
Highest end of day price: $0.09 on 2023-05-01

Lowest end of day price: $2.17 on 2016-02-01
Stock price history of Circle Property Plc from 2016 to 2026
Annual Stock Price Performance
Year Performance
2023 -96.51%
2022 -3.09%
2021 9.78%
2020 -7.71%
2019 8.65%
2018 16.43%
2017 12.59%
2016 0.00%
Stock price for similar companies or competitors
Company Stock price Change 1y% Country
$147.36 -7.70%
US
$24.86 -24.56%
DE
$38.55 0.00%
DE
$17.45 -5.09%
CN
$362.47 22.08%
US