Join our community of smart investors

Hansteen is still a net buyer

Shares in the high-yielding real-estate investment trust have moved to a premium, but remain a buy
May 24, 2013

Hansteen (HSTN) continues to plough money into unglamourous industrial estates in the UK and Germany, with £63.2m invested in the year to date. It meanwhile sold 11 properties for £16.7m, with another £7.2m notarised, mainly to tenants. Encouragingly, the disposals were 4.1 per cent above year-end valuations.

IC TIP: Buy at 90p
This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in