Channel Islands Property Fund (TISE: CIPF)

Currency in GBP

Last close As at 26/01/2023

GBP1.02

0.00 (0.00%)

Market capitalisation

GBP163m

Channel Islands Property Fund was established with the objective of providing an investment opportunity that provides shareholders with a total return from a combination of quarterly dividends and capital growth through the acquisition and active asset management of Grade A office properties in the Channel Islands and the Isle of Man.

Latest Insights

Sector

Real Estate

Equity Analyst

Andy Murphy

Andy Murphy

Director, Financials & Industrials

Key Management

  • Shelagh Mason

    Chairman

Share Price Performance

Price Performance
% 1M 3M 12M
Actual N/A N/A N/A
Relative N/A N/A N/A
52 week high/low 106.0p/100.0p

Financials

Channel Islands Property Fund (CIPF) has proved a resilient investment since its launch in 2010 and remains an attractive income-generating investment. Its defensive characteristics were highlighted during the pandemic when 100% of anticipated rent was received throughout the period. This regular and predictable revenue stream allowed it to declare and distribute its ongoing quarterly dividend of 1.65p/share, arguably justifying its 5.3% premium to NAV. It currently yields 6.5%, which is attractive and exceeds the dividend yields available on many other multi-let property investment funds.

Thematics

Consumer

IPO apocalypse

TMT

ESG, moving beyond the box tick

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