Tritax Big Box REIT sees Brexit silver lining – Tritax Big Box REIT has released its results for 2017. Highlights are: Dividends declared in relation to 2017 totalled 6.40 pence per share, in line with targets. Progressive dividend target of 6.70 pence per share announced for 2018. EPRA net asset value per share increased by 10.3% to […]
OPG Power Ventures weighs on Premier Global Infrastructure returns – Premier Global Infrastructure Trust has published results for the year ended 31 December 2017. The NAV total return for the year was 1.7% which compares to a return of 6.0% on the All-World Utilities Index and 13.8% for the broader All World Index. The discount […]
Aberdeen Smaller Companies returns twice as much as benchmark – Aberdeen Smaller Companies has published results for the year ended 31 December 2017. The company’s NAV rose by 32.9% for the year ended 31 December 2017, on a total return basis, compared to the performance of its benchmark, the Small Cap (ex investment trusts) Index, which […]
Investment Trust Insider on Bluefield Solar – James Carthew: the high-yield solar fund basking in UK’s rays With the ‘Beast from the East’ receding it is time to think about spring and sunshine, specifically Bluefield Solar Income Fund (BSIF), the only one of the renewable energy investment companies I own. It has been a great […]
UK Life science VC investors cheer planned IPO of Autolus Three high-profile UK life science investors – Syncona (SYNC), Arix Bioscience (ARIX) and Woodford Patient Capital Trust (WPCT) – could benefit from the possible US IPO of the engineered T-cell therapy company, Autolus, following that company’s disclosure yesterday of a filing of a confidential draft F1 submission. All three investors hold […]
ICG Longbow lends against Bristol office block – ICG-Longbow Senior Secured UK Property Debt Investments has completed a new GBP16.2 million loan facility to an affiliate of Affinity Global Real Estate. The loan, which is secured by a first mortgage over a multi-let office property in Bristol, comprises an initial advance of GBP14.2 million, at an […]
Sirius Real Estate buys Hamburg business park – Sirius Real Estate says that on 1 March 2018, it acquired a business park in Schenefeld, a town on the edge of Hamburg, for €15.1 million (including acquisition costs). The Schenefeld business park has been acquired at an EPRA net initial yield of 7.8% and follows on from […]
3i Infrastructure funds Infinis investment in Alkane Energy – 3i Infrastructure intends to increase its investment in Infinis by c. £125 million to fund Infinis’s acquisition of Alkane Energy, an independent power generator from both coal mine methane and reserve power operations and the largest generator from coal mine methane in the UK. Completion is […]
Hg Capital goes large – Hg Capital Trust has announced plans to invest in much larger deals than it has done to date. Hg Capital has announced results for the year ended 31 December 2017. It delivered a 21.5% return on NAV and a 19.5% return to shareholders over the period as the NAV rose to […]
Core trust holding Biogen hit by withdrawal of MS drug Core trust holding Biogen is seeing its stock come under further pressure as a result of a decision, announced today with its partner Abbvie, to withdraw for safety reasons the recently-launched multiple sclerosis (MS) treatment Zinbryta. The drug was launched in 2016 for third-line use in MS […]
