Witan made a 22.9% return on net assets over the year ended 31 December 29016, more or less matching the 123.0% return posted by its benchmark. The underlying managers struggled with just three of their ten third party managers, together with the direct holdings portfolio, outperforming their benchmarks. There were significant positive contributions from the […]
Green REIT has exchanged contracts for the sale of Parkway Retail Park in Limerick, with completion expected by the end of March 2017. The contract price of EUR24.3 million is payable in two tranches, with EUR1.3 million of the price subject to securing planning consent for a vacant unit in the property for which a tenant […]
Polar Capital Global Financials returned 22.2% over the year ended 30 November 2016 in NAV terms, a bit behind the benchmark (MSCI World Financials Index to 31 August 2016, and the MSCI World Financials Index + Real Estate, for the period 1 September to 30 November 2016) which returned 24.5%. Shareholders made 21.4% as the […]
EP Global Opportunities made 26.9% on net assets over the course of 2016. The dividend for the year was 5.3p. The return was a bit behind that of the All-World Index which returned 29.6%. The manger’s report says that US exploration and production company, Apache, was one of the best performing stocks in the portfolio in […]
BlackRock Latin American says it made a 25.2% return on net assets for the year ended 31 December 2016 – in US dollars. The weakness of sterling meant that, despite a widening of the discount, shareholders made a 45.9% return. The dividend for the year was 15 cents, a fall of 28.6% on the previous […]
Secure Income REIT has published its results for the year ended 31 December 2016. EPRA NAV per share was up 14.4% to 323.6p and adjusted EPRA EPS was up over 330% to 11.3p for the year (from 2.6p). Quarterly distributions commenced in August 2016 and the company is currently yielding an annualised 4.1% on 31 December 2016 EPRA NAV. […]
Capital & Regional has announced results for the year ended 30 December 2016. EPRA NAV fell to 68p from 71p while adjusted earnings per share rose by 11.7% to 3.8p (based on earnings of £26.8m, also up 11.7%), allowing them to fully fund a dividend of 3.39p, up 8.7% on the previous year. The chairman says […]
Target Healthcare REIT has completed the acquisition of two purpose built care homes in the village of Three Legged Cross near Wimborne, Dorset for an undisclosed price. The two homes are adjacent to each other and comprise a total of 70 bedrooms. Acorn Lodge was built in 2012 and has a total of 26 bedrooms with […]
European Assets delivered a 7.4% return on NAV for the year ended 31 December 2016 compared to a 23.3% return on the Euromoney Smaller European Companies Index. The Board has already announced a total dividend for 2017 of Euro 0.7884 per share (2016: Euro 0.912 per share, net of Dutch withholding tax) will be paid. This […]
GCP Student Living plc has exchanged contracts to secure the acquisition of Woburn Place, a private student accommodation asset located at a prime central London position in Bloomsbury, WC1. Woburn Place, which is currently owned and operated by Unite Students, is within short walking distance of University College London (c.38,000 students from 150 countries), SOAS […]
