In QuotedData’s morning briefing 4 September 2020:
- Weiss Korea Opportunity (WKOF) has announced interim results for the half-year ended 30 June 2020. During the period, WKOF provided an NAV total return of 11.3%, outperforming its reference index, the MSCI Korea 25/50 Net Total Return Index, which decreased 1.7% (all figures in sterling total return terms).
- Capital and Regional (CAL) has announced interim results for the half-year ended 30 June 2020. At the end of the period, CAL’s EPRA NAV stood at 229p per share, down from 361p at the end of 2019, but CAL says that the impact of covid-19 has been mitigated by its community centred strategy. It says that all seven of its shopping centres remained open throughout lockdown and that 605 stores, representing over 96% of units are now back open, up from 68 stores in early May. 76% of rent in respect of the first half of the year has now been collected, while rent collection for the third quarter of the year is running at 54%, with over half of the balance of rent outstanding due from well-capitalised national retailers.
- Honeycomb Investment trust has confirmed that it does not intend to make an offer for Pollen Street Secured Lending (under Rule 2.7 of the takeover code).
We also have acquisitions from Impact Healthcare REIT, a good set of annual results from Mid-Wynd International and details of Witan’s appointment of two new global growth managers.