UK Mortgages in Keystone Property Finance deal – The Board of UK Mortgages Limited has announced that, following a competitive process and preliminary discussions, terms have been agreed on a forward flow purchase arrangement for Keystone Property Finance to originate a book of Buy-to-Let mortgages. This was the deal that was first announced on 26 April […]
Regional REIT sells The Point in Glasgow – Regional REIT has exchanged contracts to sell The Point Trade & Retail Park, Hamilton Hill, Glasgow for GBP14.1m. This reflects a net initial yield of 6.6%. The 158,546 sq ft property was acquired in 2013 and comprises 11 individual units let on 10 separate leases. Over the five-year […]
LondonMetric Property buys urban logistics portfolio – LondonMetric Property has announced the acquisition of ten single let, mainly urban logistics properties for GBP55.0 million from the ACT Foundation. The purchase price reflects a blended net initial yield of 4.4% and a reversionary yield of 5.3%. The portfolio consists of nine urban logistics assets totalling 340,000 sq ft […]
Want to live forever? FastForward Innovations invests in Juvenescence – FastForward Innovations Limited has subscribed US$2 million for an approximate 0.8 per cent. equity interest in Juvenescence Limited, a BVI incorporated private company developing therapies to slow, halt and potentially reverse ageing. FFWD has subscribed as part of a US$50 million Series A fundraise that Juvenescence […]
Gabelli disappoints in year of sterling strength – Gabelli Value Plus made a negative 6.5% return on NAV for the year ended 31 March 2018, underperforming the Russell 3000 Value Index, which returned -4.5% and the S&P 500 Index which made a positive 2.0% return for that period. a widening discount meant that the share […]
Better Capital say CMA puts spanner in the works of Northern Aerospace deal – Regarding the disposal of Northern Aerospace Limited to Gardner Aerospace Holdings Limited, Better Capital PCC Limited has been informed by BECAP12 GP Limited that the parties have entered into a further unconditional agreement which provides for completion on 22 June 2018. On […]
“Bag a bargain” – six trusts on discounts [First a disclaimer – here at QuotedData we don’t make recommendations – we just try to give you the information that you need to make your own mind up – and we are not financial advisers. In the article, James Carthew mentions two trusts that are trading […]
Investment Trust Insider on Middlefield Canadian Income James Carthew: Middlefield – North America with income Canada tends to get overlooked by investors, dismissed perhaps as a play on resources. Of course, while these are an important part of its economy, there is much more to the country than that. Within the investment companies market, we […]
Yew Grove REIT buys two Dublin offices – Yew Grove REIT has exchanged contracts to acquire the One and Three Gateway office buildings, which are situated on the East Wall Road in Dublin 3 for an agreed price of EUR29 million. The two office buildings, which were included as part of the property pipeline in the […]
Renewables Infrastructure buys Solwaybank wind farm – The Renewables Infrastructure Group has acquired an onshore wind farm in the UK, Solwaybank, located in Dumfries and Galloway, Scotland. Solwaybank is in the early stages of construction and expected to become operational in Q1 2020. Once complete, Solwaybank will comprise 15 Senvion MM100 wind turbines, each with […]
