Sigma Capital - productive second half
Sigma already has the attraction of steady recurring management fees and rental income from its portfolio of owned assets. The current valuation looks modest for a business with such reliability of earnings and evident growth prospects in a supportive market.
Sigma Capital Group (LON:SGM) is a Private Rented Sector, residential development, and urban regeneration specialist, with offices in Edinburgh, Manchester and London. Its principal focus is currently on the delivery of large-scale housing schemes for The PRS REIT, a closed-ended real estate investment trust, listed on the main market of the London Stock Exchange. A stronger delivery of properties in the second half of 2019 resulted in a significant uplift in development fees and development profits. With its scope…
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