REITs and property developers, where buys often follow a discount to net asset value rather than an earnings event.
24 disclosed directors purchases across 13 real estate companies in the last twelve months, worth £2.2m. The median buy has returned -2.8% against the market since it was disclosed.
24 buys · £2.2m · 13 companies · 21 directors · median alpha -2.8%
54% of that value is VTY alone.
| Company | Value bought | Buys |
|---|---|---|
| Vistry Group (VTY) | £1.2m | 5 |
| Hongkong Land Holding Ltd. (Sing.Reg) (HKLD) | £169k | 1 |
| Town Centre Securities (TOWN) | £139k | 1 |
| Real Estate Investors (RLE) | £119k | 2 |
| Mountview Estates (MTVW) | £118k | 4 |
| Great Portland Estates (GPE) | £100k | 1 |
| British Land Company (BLND) | £100k | 1 |
| LSL Property Services (LSL) | £100k | 1 |
| TR Property Inv Trust (TRY) | £73k | 4 |
| Helical (HLCL) | £45k | 1 |
| CEIBA Investments Limited NPV (CBA) | £35k | 1 |
| JPMorgan Global Core Real Assets Limited NPV (EUR) (JARE) | £10k | 1 |
| Zentra Group PLC (ZNT) | £4k | 1 |
Rolling twelve months of disclosed purchases. Median alpha is measured against the market from the disclosure-day close — the first price a reader could have paid — not from the insider's own entry, and is marked to the latest cached close. Past performance is not a reliable indicator of future results.