Schroder Real Estate sells Victory House in Brighton – Schroder Real Estate Investment Trust has exchanged unconditional contracts to sell Victory House in Brighton to an institutional purchaser for GBP36.1 million. The disposal is scheduled to complete on 30 April 2019. Victory House is an 84,988 sq ft office building in Brighton city centre, let to BUPA […]
Hg Capital mulls fundraise and share split – HgCapital Trust has published results for 2018. Highlights are: NAV per share of GBP21.57, a total return of 14.3%. Share price total return of 3.5% to 31 December 2018. Proposed final dividend of 30 pence per share (full year dividend of 46 pence per share). Strong revenue and […]
Murray International fee cut after disappointing year – Murray International has reported a total return (ie with net income reinvested) of -7.5% for 2018, which it describes as a disappointing performance in absolute terms. This was somewhat below the total return of -5.2% from the benchmark (40% World UK Index and 60% World ex UK Index). The […]
JPMorgan Claverhouse results for the year ended 31st December 2018 show that its net asset total return for the year to 31st December 2018 was -13.5%. This compares with a total return for the same period from its benchmark index of -9.5%, an underperformance of 4.0%. The discount narrowed over the period, from a discount of […]
FastForward invests in EMMAC Life Sciences – FastForward Innovations Limited has subscribed for 6,666,667 new shares in EMMAC Life Sciences at a price of GBP0.30 per share for total consideration of GBP2 million. The deal was part of a GBP11 million funding round completed by EMMAC), bringing the total funds raised by EMMAC at GBP0.30 to GBP17 […]
European Assets UK migration almost complete – European Assets generated an NAV total return for the year ended 31 December 2018 of -15.4%. This compares to the total return of its benchmark the EMIX Smaller European Companies (ex UK) Index of -12.7%. The discount was 9.5% at the year end in comparison to a small premium of […]
Aberdeen Smaller Companies Income hit by widening discount – Aberdeen Smaller Companies Income reports that, for the year ended 31 December 2018, its performance was slightly behind that of its benchmark, the Small Cap (excl. investment trusts) Index, with a total return of -14.6%, versus a benchmark total return of -13.8%. Share price performance on the […]
Aberdeen Standard European Logistics secures debt facility – Aberdeen Standard European Logistics Income has completed the purchase of its property in Erlensee, Germany (gross value EUR33.3 million / net initial yield of 5.2%) and has now completed the acquisition of the freehold logistics warehouse near Krakow, Poland f (net value of EUR24.5 million / net initial yield […]
Greencoat plans fundraise after transformational year – Greencoat Renewables has published its first set of results since listing. Highlights are: Acquisition of ten wind generation assets during 2018, increasing the portfolio to twelve wind farms in total, and increasing net generating capacity from 137MW to 384MW €883.5 million of gross asset value as at 31 […]
Alpha Real sells Monk Bridge residential site – Alpha Real Trust has announced the sale of its residential development site, “Monk Bridge” in Leeds to Highline Holdings Limited and Whitehall Holdings Limited, wholly-owned subsidiary entities of City Developments Limited for a total transaction value of £15.4 million. Alpha Real bought the development site in December 2015 […]
