Register Log-in Investor Type


QuotedData’s morning briefing 12 August 2022

In QuotedData’s morning briefing 12 August 2022:

  • abrdn Private Equity Opportunities (APEO) says that its estimated NAV at 31 July 2022 was 710.4p, down from 727.3p at the end of June, largely driven by a weaker euro and a dividend payment. Excluding new investments, 98.2% by value of portfolio was valued as at 31 March 2022. The trust paid a second interim dividend of 3.6p on 29 July 2022 and funded £13.6m of drawdowns with the help of £10.1m of distributions. One new primary commitment was made during July.
  • AEW UK REIT (AEWU) says that the sale of its ownership at Eastpoint Business Park in Oxford has completed on 8th August for £29m. The sale of the property at Moorside Road in Swinton for £1.7m completed on 9th August. Following these disposals, the trust has unconditionally exchanged contracts to acquire a high yielding asset located in Glasgow at a price of £2.6m, reflecting a low capital value of £99 per sq ft and providing an attractive net initial yield of 7.4%. The Glasgow asset comprises a solus leisure and retail warehousing unit let to JD Sports Gym Ltd, which operates 74 gyms in the UK and is a subsidiary of JD Sports Fashion Plc. It is located fronting the A81 Craigmont Drive, approximately 2.5 miles north-west of Glasgow city centre. The site also contains a vacant plot of land which may be suitable for redevelopment over the medium term, subject to planning. The lease provides an unexpired lease term of 10.6 years, benefitting from five-yearly upward-only reviews. The sale is due to complete in the week commencing 15 August.

We also have news of new investments for HydrogenOne Capital Growth and Octopus Renewables Infrastructure

previous story | next story

Leave a Reply

Your email address will not be published. Required fields are marked *

Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.

You live in…

You are a…