RDL Realisation announced that Deloitte LLP has confirmed that valuation work required to finalise the audit is substantively complete. RDL now expects to publish its annual accounts for the financial year ending on 31 December 2018 by 28 May 2019. The shares remain suspended. Regional REIT has announced a number of new lettings. TwentyFour Income Fund […]
British Land NAV drops on retail woes – British Land has published results covering the year to the end of March 2019. Highlights are: EPRA NAV down 6.4% at 905p, with buybacks contributing 10p Portfolio value down 4.8%; Retail down 11.1%, Offices up 1.1% and developments up 10.8% Underlying EPS down 6.7% to 34.9p due primarily […]
Feedback from Civitas Capital Markets Day – Civitas held its Capital Markets Day yesterday and, as promised, here are a few comments from us. We’ll incorporate most of this, with more detail, into our next research note on the company. First, the presentations (which were only open to professional investors) were well attended. There seems to […]
FastForward Innovations has announced that it has sold part of its stake in Vemo Education Inc. for a cash consideration of US$442,235.33. FastForward has sold its Series seed-1 preferred holding of 2,527,059 shares and is left with a holding of 1,000,000 Series seed-2 preferred shares (0.47% of Vemo). The series 2 share class enjoys significantly preferential […]
Land Securities writes down retail investments – Land Securities has published results for the year ended 31 March 2019. Highlights are: EPRA Net asset value down 4.6% to 1,339p Like for like rental income up 1.9% Adjusted and diluted earnings per share up 12.4% to 59.7p. Dividend per share of 45.55p (up 3.1%) The return […]
Duke Royalty boosts near-term revenue – Duke Royalty has secured changes to the terms of three agreements which will increase near term revenues for the company. Royalties from Welltel (Ireland) Limited, a telecommunications services company, media company Pearl & Dean Cinemas Limited, and Xtremepush, a technology solutions company, were all acquired via Duke’s recent Capital Step […]
Oakley buys Videotel and Seagull – Oakley Capital Investments says that its Fund IV has partnered with the management teams of SG MidCo AS (“Seagull”), and Videotel Marine Asia Limited and Super Dragon Limited (collectively “Videotel”), to acquire majority stakes in the businesses from their current shareholders Herkules Private Equity Fund IV and KVH Industries. Over […]
QuotedData joins the line-up for the Mello Investor Show 2019, building on the success of the Master Investor Show, which welcomed thousands of investors. Marten & Co’s private investor arm, QuotedData, is very pleased to be participating in this year’s Mello investor show, which takes place this week in Chiswick on Wednesday 15th May. The […]
Private investor events for Investment Companies – QuotedData joins the line-up for the Mello Investor Show 2019 QuotedData is very pleased to be participating in this year’s Mello investor show which takes place this week in Chiswick on Wednesday 15th May. The event includes presentations, workshops, panel sessions and keynote speakers. QuotedData is joining the event […]
Civitas NAV rises in first quarter – the following announcement was released at 7:00am this morning “The Board of Civitas Social Housing PLC (“Board”), a leading London listed Real Estate Investment Trust (“REIT”) dedicated to investing into regulated social housing in England and Wales, is pleased to announce its quarterly net asset value (“Net Asset […]
