Land Securities reports on “an active and successful year” – In it’s annual report for the twelve months to 31 March 2018, Land Securities (LAND) reported a year of positive performance in its core activities, offset by the cost of refinancing the company’s bonds. During the year, the company completed and let major development projects at Nova, SW1 […]
Shaftesbury makes a strategic acquisition in Carnaby – Shaftesbury (SHB) the Real Estate Investment Trust (REIT) has exchanged contracts to acquire the freehold of 35 and 36 Great Marlborough Street, Carnaby for £22.7 million. Located at the northern gateway in to Carnaby, the buildings comprise two shops (3,000 sq. ft.) with 4,250 sq. ft. of office accommodation on the […]
HgCapital invests in medical software provider MediFox – HgCapital (HGT) has announced an investment in MediFox, a provider of software solutions to outpatient and inpatient care providers and therapy practices in Germany. The terms of the transaction were not disclosed. The investment for £8.0m follows an exit from private equity funds managed by Equity Capital […]
Benchmark-beating performance by Invesco Perpetual UK Smaller Companies – Invesco Perpetual UK Smaller Companies Investment Trust (IPU) issued its annual financial report for the year ended 31 January 2018. Performance The NAV of the company rose by 23.9%, on a total return basis. In so doing, it outperformed the benchmark index of the company by 8.8%. The […]
Savills acquires British Land’s third-party property management portfolio – in a joint press release published on their websites British Land (BLND) have announced that it has sold its third-party property management portfolio within its property management business, Broadgate Estates to Savills, the international real estate adviser. Approximately 160 Broadgate Estates employees are expected to transfer […]
€15.5 million sale of German non-core asset by Sirius Real Estate – The completion of the sale of the Bremen Brinkman business park for €15.5 million has been announced by the completion of the sale of its Bremen Brinkman business park for €15.5 million by Sirius Real Estate (SRE). The company say in the announcement that […]
Regional REIT purchases six new assets – Regional REIT (RGL) announced that it has exchanged contracts to purchase six regional assets from Kildare Partners for £35.2m in an off market transaction. The net income from the assets purchased is expected to be in the region of £3.1m per annum. This equates to a net initial yield […]
Ian Barrass to retire as co-fund manager of Henderson Alternative Strategies – The board of Henderson Alternative Strategies (HAST) has announced that Ian Barrass is to retire as co-fund manager at the end of June 2018 due to long-standing health issues. James de Bunsen, who has been the company’s co-fund manager since May 2014, will continue in […]
Colin Hughes to retire as co-fund manager of Henderson Opportunities Trust – The board of Henderson Opportunities Trust (HOT) has announced that Colin Hughes, co-fund manager for the company is to retire from Janus Henderson Investors on 30 June 2018. James Henderson continues as the lead fund manager for the company, assisted by Laura Foll and Charlotte Greville. Laura […]
Frustrating year for EPE Special Opportunities – The poor performance of the company’s largest asset has brought down the NAV and share price of EPE Special Opportunities (ESO), it reports in its annual statement for the year to 31st January 2018. However, moves are in place to improve performance. The NAV at 31 January 2018 was […]
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