Aberdeen New Thai’s net asset value rose by 26.5% on a total return basis to 600.2p, compared to the sterling-adjusted gain for the benchmark, the Stock Exchange of Thailand Index, of 36.5%. The share price rose by 27.8% on a total return basis to 510.0p, reflecting a narrowing of the discount to the net asset value (including income) […]
Over the year ended 31 January 2017, ICG Longbow’s NAV increased from 100.18 pence per share to 103.80 pence. The main reason for this was a significant increase in revenue to GBP12.33 million (31 January 2016: GBP8.36 million) as exit and prepayment fees were earned on three loan repayments. Earnings per share of 9.62 pence were significantly […]
Over the year to the end of January 2017, Witan Pacific reports that its NAV total return was approximately 30.7%, and its share price total return was 26.1% – these compare to a 35.3% return for the MSCI AC Asia Pacific Index. A significant part of that return was determined by the weakness of sterling. The Japanese […]
Phoenix Spree Deutschland had a good 2016. The EPRA NAV per share rose by 19.7% to EUR2.73. The portfolio value increased by 49.5% to EUR423.8 million, or 19.4% on a like-for-like basis excluding the impact of acquisitions and disposals. Positive market fundamentals continued to drive growth in demand for rental apartments, while supply remained constrained. […]
Over the course of 2016, Kubera Cross Border’s net assets decreased from US$55.33 million to US$41.37 million during the year ended 31 December 2016. The fund’s net asset value per share decreased from US$0.50 to US$0.38. The share price has remained fairly constant at around US$ 0.20 between 31 December 2015 and 31 December 2016. The discount decreased […]
Blackstone/GSO Loan Financing delivered a total NAV return per Euro share of 13.28% in 2016, finishing the year with a NAV per Euro share at EUR1.0238. The Euro shares finished the year at a discount to NAV of 1.10%. They paid four dividends in respect of the reporting period ended 31 December 2016, equating to an […]
Hansteen has agreed to up its offer for Industrial Multi Property Trust by 10% to 330p per share. The surprise move (Hansteen had already declared the previous offer unconditional) has been welcomed by Alpha Real Trust, Industrial Multi Property’s largest shareholder. “Alpha Real Trust Limited (“ART”) and Antler Investment Holdings Limited (“Antler”) are IMPT’s two […]
Blue Capital Management Ltd., the company’s Investment Manager, advised Blue Capital Global Reinsurance Limited of Mr. Adam Szakmary’s resignation from the Investment Manager effective as of 21 April 2017. Mr. Szakmary resigned from all of his former executive positions and directorships with the Investment Manager and its subsidiaries. In his letter, Mr. Szakmary did not […]
GCP Infrastructure has committed to subscribe for a loan note of up to £40 million in aggregate, the proceeds of which will be used to finance supported living units for occupation by adults with learning or physical difficulties. The Loan Note, with an expected term of c.35 years, will be used to provide funding for […]
HgCapital, the Manager of HgCapital Trust has agreed the sale of QUNDIS, a leading provider of sub-metering solutions in Europe, to a German investment group around KALORIMETA (“KALO”), a leading service providers for climate-intelligent solutions in the buildings sector, for a total enterprise value of c. EUR400 million. The sale of QUNDIS delivers a c. 3.5x […]
