Hipgnosis buys Snow Patrol guitarist catalogue – Hipgnosis Songs Fund Limited has acquired a music catalogue from songwriter, producer and Snow Patrol keyboardist Johnny McDaid. Johnny has co-written songs with Ed Sheeran, Pink, Shawn Mendes, Robbie Williams and Snow Patrol that have streamed over 20 billion times and earned over 600 platinum awards and 14 diamond […]
In QuotedData’s other news 18 December 2019 Sun Life Financial has bought a majority stake in Infrared Capital Partners, the investment adviser to HICL Infrastructure and The Renewables Infrastructure Group. This won’t have any impact on the day-to-day running of the funds. Infrastructure India has maxed out its $105m borrowing facility, borrowing another $30m to develop […]
Phoenix Spree buys Brandenburg apartment complex – Phoenix Spree Deutschland Limited has notarised on an apartment complex in Brandenburg. The property is a former barracks, comprising 259 residential units, one commercial unit and 210 parking spaces. It was redeveloped in 2018/2019 and benefits from efficient floor plans and new build technical standards. Highlights: Property located […]
Hadrian’s Wall increases loss provision – Hadrian’s Wall Secured Investments says that as at 31 October 2019 its NAV was 81.54 pence. This includes an additional provision of £2.89m (equivalent to 2.02p per share) to the company’s general loss reserves. Update on Biomass Optimum Fuels Limited (“BOFL”) and Biomass Premium Fuels Limited (“BPFL”) Whilst the investment […]
Great year for JPMorgan Chinese – for the year ended 30th September 2019, and in volatile market conditions, JPMorgan Chinese achieved a 16.0% total return on net assets and a 19.4% return to shareholders. This compares to the return of 1.7% for its benchmark index, MSCI China. The enhanced dividend initiative announced earlier this month is […]
Hipgnosis continues its acquisition spree with the purchase of a catalogue from Brendan O’Brien. Hipgnosis Songs Fund Limited has acquired a music catalogue from three time Grammy Award winning producer, mixer, engineer, and musician Brendan O’Brien, who has produced 17 US Number 1 albums. Brendan O’Brien has worked with Bruce Springsteen, Red Hot Chili Peppers, […]
Primary Health Properties in Bolton buy – Primary Health Properties has acquired a standing let investment property situated in Bolton and has also contracted with a developer to fund the development and acquisition of a purpose-built primary care centre in Banagher, Co. Offaly, Ireland. The Waters Meeting Health Centre, Bolton, is a property comprising of 2,295m(2) […]
In QuotedData’s other news 17 December 2019 Tritax Big Box REIT has reached an agreement to extend the termination date in respect of GBP300 million of its GBP350 million unsecured revolving credit facility, from 10 December 2023 to 10 December 2024. The maturity date of the residual GBP50 million will remain 10 December 2023. This extends the company’s […]
JPMorgan Asian outperforms again – over the year to 30th September 2019, the trust’s return on net assets was +7.9%, representing an outperformance of 5.7 percentage points over its benchmark, the MSCI AC Asia ex Japan Index, which returned +2.2% in sterling terms. The return to shareholders was +10.9%, reflecting a narrowing of the discount […]
In QuotedData’s other news 12 December 2019 Polar Capital Technology crept closer to the £2bn mark as its NAV grew by 2% over the six months ended 31 October 2019. The benchmark index was a little stronger over this period (up 4%) as very large tech companies (where PCT is underweight) drove the index higher. Gore […]
