SME Loan Fund says that demand from investors to participate in the secondary placing of the 25,270,763 shares in SMEF held by GLI Finance Limited has significantly exceeded the number of SMEF shares available and, accordingly, investor participations are being scaled back. The secondary placing will be completed today. GLI Finance has agreed to acquire for cash the loans […]
Dunedin Enterprise Investment Trust has, through the Dunedin Buyout Fund III, invested GBP5.9 million in Forensic Risk Alliance. Dunedin Enterprise will have an interest of 6.5% in the company. Forensic Risk Alliance is an international consultancy business that provides forensic accounting, data analytics and e-discovery expertise to help businesses manage risk in an increasingly regulated global […]
FastForward Innovations Limited, has today subscribed C$3 million for an approximate 4.7 per cent. equity interest in Nuuvera Corp., a Canadian incorporated private company focused on medicinal marijuana opportunities. FFWD has subscribed as part of a C$43.65 million fundraise that Nuuvera has now closed. Nuuvera is a newly incorporated Canadian company that has been incorporated […]
Pacific Industrial & Logistics REIT completed the acquisition of a site on Bruntcliffe Way, Morley, Leeds on 6 March 2017 for a total consideration of GBP6.05m, representing a net initial yield of 8.3%. This site, along with the Park Road, Chesterfield logistics acquisition announced on 20 January 2017, have been mortgaged under terms agreed with the […]
Macau Property Opportunities Fund Limited has announced results for the period ended 31 December 2016. MPO’s portfolio value appreciated 2.9% over the six-month period to US$405.0 million. Adjusted NAV per share improved 2.4% in H2 2016 to US$3.03 (245 pence*) per share. IFRS NAV increased 4.2% to US$111.1 million or US$1.45 (118 pence*) per share during the […]
For the year ended 31 December 2016 CatCo Reinsurance Opportunities achieved a net return for shareholders of 8.12 percent for the ordinary shares and 7.27 percent for the C shares. This is despite the number of significant catastrophic events that occurred during the year, making 2016 the worst year for insured losses since 2012 (Source: […]
FastForward Innovations Ltd has today reached agreement with Blue Star Capital PLC to sell its entire holding of 1,471 shares in investee company SatoshiPay Ltd. The disposal is conditional on Blue Star’s shareholders approving the issue of 268,213,880 consideration shares as the consideration will be satisfied via the issue of new shares in Blue Star. The price […]
Law Debenture says its net asset value total return for the year to 31 December 2016 was up 16.9%, compared to a total return of 16.8% for the UK market. Revenue return per share was 18.56p (excluding group charges of 2.60p), an increase of 2.5% over the previous year, as a result of a 1.2% […]
Primary Health Properties says its EPRA NAV per share increased from 87.7p to 91.1p over the course of 2016. The dividend was raised from 5p to 5.125p. The first quarterly dividend of the new year has been set at 1.31pEPRA earnings per share were lower at 4.8p, down from 4.9p on the back of increased […]
Derwent London has published results for the year ended 31 December 2016. Its EPRA net asset value per share increased 0.5% to 3,551p from 3,535p at 31 December 2015, 1.3% lower than 3,598p at 30 June 2016. Net rental income increased 5.2% to GBP145.9m from GBP138.7m in 2015. EPRA earnings rose 8.9% to GBP85.7m from GBP78.7m last […]