Jul 25 2024
Financials
Recent Research
Harworth Group, Solid H1 trading update
Jul 24 2024
Irish economy, On the cusp of rapid growth
Jun 19 2024
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Irish banks
Favourable dynamics continue in H1 2024
Current interest rate expectations remain supportive of ongoing robust net interest income. Combined with a strong economy, attractive capital generation will be an ongoing feature for...
Harworth Group
Solid H1 trading update
Harworth has had a busy start to the year with high profile activity occurring on the industrial & logistics and residential sides of the business. As a result of this activity, H1 EPRA...
permanent tsb Group
Capital accretive NPL transaction
Permanent tsb Group (PTSB) has yet again successfully reduced its non-performing loan (NPL) ratio in a capital accretive manner, providing greater capital headroom for both new...
Harworth Group
15.6-acre residential land sale to Taylor Wimpey
Today’s announcement marks Harworth Group’s second residential land sale to Taylor Wimpey in recent weeks. Commentary notes “a competitive process with local and regional...
Harworth Group
Significant sale at Skelton Grange to drive material NDV uplift
Harworth’s land sale will act as a meaningful contributor to EPRA NDV in 2024. Alongside this, the updated investment portfolio strategy, which looks beyond 2027 for the first time,...
Harworth Group
Sale of a 16-acre residential land parcel to Taylor Wimpey
Harworth’s announcement of a 16-acre residential land parcel to Taylor Wimpey at a premium to the end-2023 book value proves that, notwithstanding a slower residential market, its...
Irish economy
On the cusp of rapid growth
The Irish economy accelerated into 2024 and is on the cusp of rapid growth, helped by lower inflation. Foreign direct investment (FDI), high-skilled job creation and a rising population...
Harworth Group
Resolution to grant planning secured for 1.5m sq. ft. of industrial and logistics space
Harworth’s announcement that it has secured a resolution to grant planning permission at Gascoigne Interchange is a clear example of the group’s strengths. First, its aptitude to...
Banks
Rebound in April mortgage approvals
Mortgage approvals rebounded in April, with year-to-date (ytd) approvals now broadly flat on both a value and volume basis. This supports our view that an early Easter impacted March...
Harworth Group
AGM statement in-line; continued progress being seen across the portfolio
Harworth Group’s AGM trading statement acts as a reminder of the momentum within the portfolio, with the group still on track to reach the £1bn EPRA valuation by end-2027. Harworth’s...
