Coronavirus impact: 5 Oct - Bonkers Bargain update and IHT concerns for another
Bonkers Bargain Mulberry Group reported predictably awful results but, despite the diabolical market conditions, we are impressed with progress on several fronts. Elsewhere, one of AIM’s largest companies has announced a move to dual list on the Nasdaq which could impact its IHT qualifying status.
Sigma Capital: sale of developmentSigma Capital Group (LON:SGM), the Private Rental Sector ("PRS"), residential development and urban regeneration specialist, has announced the sale of a completed and fully-let PRS development to The PRS REIT for c. £5.9m. Through its innovative PRS platform Sigma currently has seven self-funded PRS sites under way at various stages of development. Once completed and let, they will deliver c. 282 new rental homes for a Gross Development Cost of c. £69m and provide an estimated rental value of c. £4.1m per annum. You can read our recent update on Sigma here.Calnex: an interesting new arrival to…