Raven Property Group (LSE: RAV)

Currency in GBP

Last close As at 06/02/2023

GBP0.04

0.00 (0.00%)

Market capitalisation

GBP22m

Raven Russia has been developing industrial real estate in Russia since 2005 and has a portfolio of over 1.2m m2 of Class A warehouses in four Russian cities. All its warrants, ordinary and preference shares are listed on the London Stock Exchange.

Sector

Real Estate

Balance Sheet

Forecast net debt (£m)

N/A

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 0 0 (86.8)
Relative 3.8 5.2 (86.6)
52 week high/low 36.5p/3.8p

Financials

With the Russian economy recovering to pre-pandemic levels and e commerce activity continuing its strong pace of growth, the Russian warehouse market, in which Raven Property Group is a leading long-term investor, is performing strongly. Low vacancy, a lack of new supply and increased construction costs are driving accelerated rental growth, and this is supporting capital values, despite a significant rise in interest rates.

Thematics

Consumer

IPO apocalypse

TMT

ESG, moving beyond the box tick

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