Back in December, we published a note on BlackRock Throgmorton, which we called “Infectious enthusiasm”. In it, we tried to bring out the excitement that its manager, Dan Whitestone, had about the future of the companies in his portfolio, and by implication the future of the trust. Over the two months since, the trust’s share […]
Warehouse REIT buys four warehouses in Liverpool – Warehouse REIT has bought four modern warehouse units on Boulevard Industry Park in Speke, Liverpool, totalling 390,000 sq ft. The purchase price of £35m reflects a net initial yield of 5.5%. Ranging from 74,000 sq ft to 163,000 sq ft, the units are occupied by three separate occupiers […]
Syncona backs Quell financing – Syncona Ltd has made a new £25.3m commitment to a £61.0m expanded Series A financing for Quell Therapeutics. This is the largest amount of funding to date for any stand-alone engineered T regulatory cell (Treg) company [see below] and takes Syncona’s total commitment to this business to £59.3m (of which £35.1m […]
In QuotedData’s morning briefing 11 February 2021: Schroder European Real Estate says that at its Metromar shopping centre in Seville (which it owns in a 50/50 joint venture) one of the fashion anchor tenants will exercise its lease termination right. This termination accounts for approximately 3,000 sqm (14%) of the total space. The rent due will continue […]
UK Mortgages sells two portfolios – UK Mortgages Limited says that, on Friday 5th February 2021, UK Mortgages Corporate Funding Designated Activity Company signed agreements under which, Godiva Mortgages Limited, a subsidiary of Coventry Building Society has made a commitment to purchase two buy-to-let mortgage portfolios originated by Godiva and currently financed within the Cornhill No.6 […]
In QuotedData’s morning briefing 9 February 2021 Nippon Active Capital looks to have scored a win as Mr. Shintaro Matsuki, President of Sakai Ovex Co., Ltd, using a special purpose company, Sakai Textile Co., Ltd., has launched a tender offer at ¥ 2,850 per common share for all of the outstanding equity capital of Sakai Ovex. […]
Reviewing the planned IPOs of Cordiant Digital Infrastructure and Digital 9 Infrastructure. For an industry that was once considered a bit of a dinosaur, the investment company sector has undergone a remarkable transformation over the past decade. A realisation that, if you want to invest in assets that aren’t easy to sell in a hurry, […]
JLEN buys Codford Biogas – JLEN Environmental Assets is buying an electrical exporting food waste anaerobic digestion plant. The deal involved the purchase of a 100% equity stake in Codford Biogas Limited. This is the holding company for the Codford anaerobic digestion plant in Wiltshire. The plant is permitted to process 100,000 tonnes of food waste each year. […]
EPE Special Opps updates on profitable year – EPE Special Opportunities has taken the unusual step of making a trading statement on its performance for the year ended 31 January 2021. Audited accounts covering the same period will be published, probably in a couple of months. [The trust might be keen to explain its run of […]
In QuotedData’s morning briefing 4 February 2021: SDCL Energy Efficiency Income Trust have announced a £100m placing (94.3m shares at 106p). The price is a 3.9% premium to the end September NAV and a 1.4% discount to last night’s closing price. The money would go into commercial and industrial solar projects across the United States in […]
