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Summary

PRE

Premier Commercial Real Estate Investment Company Limited

Premier is a real estate investment company that acquires, owns, manages, leases, and redevelops office, warehouse, retail, industrial and other commercial property in The Bahamas. The Company, via its property holding subsidiaries, owns 4 commercial properties totaling approximately 100 thousand square feet of gross leasable space, located in the islands of New Providence and Grand Bahama in The Bahamas. The investment objective of Premier is to spread its risk by investing in a diverse portfolio of commercial real estate properties in prime locations in The Bahamas with long-term triple net leases and first class tenants. By doing so the Company aims to generate stable and increasing cash flow and asset value. It is the Company’s intention to operate free of debt except in certain short-term circumstances. The Company proposes to distribute all free cash flows from operations after setting aside a capital reserve for major capital expenditures and any debt service obligations on short-term debt. The objective in the first year after the offering is to distribute a dividend exceeding a 7% yield to new investors and thereafter to approximate an 8% yield and to maintain and grow this level of dividend yield.


$10.00

=0.00%
26 July 2017

DAILY


Open

$10.00

Close

$10.00

52 WEEK


High

$0

Low

$

Daily Volume

0

Dividends

0


Closing Price History

Volume



Trades

Trades

Most Recent Trades
Last Traded Price Total Volume Total Trades Trade Date
$10.00 487 2 15 Jun 2012
$0.00 31,238 1 18 May 2010


Trade History
Last 3 Months
High | $0.00
26 Jul 2017

Last 6 Months
High | $0.00
26 Jul 2017

Last 52 Weeks
High | $0.00
26 Jul 2017

Symbol

PRE


Security Type
Ordinary Shares

Date Listed
08 Sep 2003

Currency
Bahamian

Authorized Shares
30,000,000

Issued Shares
1,082,885

Market Capitalization
10,828,850.00


Open Orders

Open Orders

Symbol

PRE

Open orders are from the previous trading day.

Type Shares Price Value
Sell 437 $10 $4,370.00
Sell 13,513 $9 $121,617.00
Sell 14,000 $9 $126,000.00

Corporate Details

Corporate Details

Symbol

PRE


Directors
Hannas Baback
Stephen Hancock
Patrick G. W. Ward
Andre J. Feldman
Michelle Fields

Company Auditors
Deloitte & Touche

Corporate Address
c/o Equity Trust Company (Bahamas) Limited
#28 Parliment St.
Nassau, Bahamas

Phone
242-325-0922

Fax
242-325-0911

Date Incorporated
04 Feb 2003

Year End Date
30 November

Annual Report Due Date
31 October

1ST QTR Report Due Date
30 September

2ND QTR Report Due Date
31 December

3RD QTR Report Due Date
31 March

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