Jim Campbell, co-portfolio manager for JPMorgan European Smaller Companies Trust plc, is currently on personal leave from J.P. Morgan Asset Management. In the meantime, his long standing co-managers, Francesco Conte and Edward Greaves, and the broader investment team, will continue to manage the portfolio in his absence. There will be no changes to investment strategy. […]
Starwood European Real Estate Finance has received full repayment of the Dutch Industrial Portfolio and Danish Industrial Portfolio loans as a result of the sale of both portfolios, representing a total of approximately GBP51.5 million sterling equivalent proceeds. A number of loans in the Group’s portfolio benefit from prepayment protection in their early years, providing […]
The Board of Alpha Real Trust believes that the offer by Hansteen continues to grossly undervalue Industrial Multi Property Trust (IMPT) and have resolved to reject the offer. Given that the Board of Alpha Real Trust believes there is the potential for serious conflicts of interest between Hansteen and IMPT, resulting from Hansteen operating in the […]
The notice of the Annual General Meeting of Safestore to be held on Wednesday 22 March 2017 includes proposals to adopt a new Directors’ Remuneration Policy and the Long Term Incentive Plan (LTIP), which is intended to replace the existing LTIP (the proposals). Following consultations with shareholders, Safestore no longer intends to seek shareholders’ approval for […]
Kubera Cross-Border Fund says that its subsidiary, Kubera Cross-Border Fund (Mauritius) Limited, has entered into a binding sale and purchase agreement to dispose of its entire equity interest in Planetcast Media Services Ltd. Entities managed by a leading global private equity firm have agreed to purchase the Company’s interest in Planetcast for a consideration net […]
LondonMetric Property has announced the acquisition of two last mile distribution warehouses in Leeds for GBP12.0 million, reflecting a blended NIY of 6.0% and a reversionary yield of 6.5%. LondonMetric has acquired a new 100,000 sq ft warehouse on the Leeds ring road, close to the M1. The warehouse was completed in January 2017 and let […]
JPMorgan US Smaller Companies Investment Trust has announced results for the year ended 31st December 2016. The share price increased by over 53% during the financial year. The backdrop to the dramatic share price rise was an increase of 50.1% in the Company’s net asset value, which compares favourably with the rise of 44.4% in the […]
Axiom European Financial Debt Fund Limited has published its Financial Report for the period from 7 October 2015 (date of incorporation) to 31 December 2016. The Company effectively commenced operations on 5 November 2015 when it was admitted to trading on the SFS. Net of launch expenses, the Company started with a Net Asset Value per share of 98.00p and ended with a NAV […]
The board of Seneca Global Income & Growth has announced that Seneca Investment Managers Ltd has informed it of a prospective change in the composition of its investment team, as Alan Borrows intends to retire at the end of this calendar year. Over the last two years, led by Chief Investment Officer Peter Elston, your Manager […]
With effect from 1 April 2017, James Goldstone will become the portfolio manager of Keystone Investment Trust plc. James Goldstone (39) has been a UK equities investment specialist for 15 years and a member of the Invesco Perpetual UK equities team for 5 years, working closely with and alongside Mark Barnett. In October 2016, James […]
