In QuotedData’s other news 5 June 2019:
- RDI REIT has refinanced its London Serviced Office portfolio with a new GBP75.0 million financing facility provided by Aberdeen Standard Investments for a seven-year term. To be used to refinance two existing facilities maturing in December 2019 and August 2022
- Value & Income NAV return for year ended 31 March 2019 was 4.2% compared to All-Share return of 6.4%. The discount widened and the return to shareholders was 0.2%. Dividend increased 3.5% to 11.8p.
- Shaftesbury says that Westminster City Council’s Planning Committee yesterday evening resolved to grant consent for the Group’s application for its major scheme at 72 Broadwick Street, a 1970s mixed-use building in the heart of the Carnaby Street area.
- JPMorgan European Smaller Companies delivered a total return of -7.5% on its NAV for the year ended 31 March 2019, underperforming the Euromoney Smaller European Companies (ex UK) Index, which returned -3.6%. A widening discount left shareholders nursing a 12.6% loss for the year.
- Templeton Emerging Markets results for the year ended 31 March 2019 show an NAV total return of 1.8% and a share price return of 6.0%, both better than MSCI Emerging which returned 0.1%. the dividend was increased by a penny to 16p.
Plus we also have stories on Foresight’s purchase of John Laing Capital Management, advisers to the Environmental Assets Fund, Gore Street Energy Storage’s expansion plans, Symphony’s investment in an Indian feminine hygiene products company, results from Workspace and Fidelity China, and a strange decision by the board of Martin Currie Asia Unconstrained