Central Asia Metals plc has expanded its interest in Kazakhstan with a framework agreement to acquire an 80% effective interest in the subsoil use contract (SUC) for the Shuak copper exploration property, in northern Kazakhstan. This represents the company’s first venture outside of its Kounrad copper dump retreatment operation in the country. To acquire its […]
Hammerson plc and its partners in VIA Outlets, APG, Meyer Bergman and Value Retail, have signed an agreement to acquire, subject to regulatory clearance, four established outlet centres as part of its growth strategy in the European outlet market. The retail venues, located close to major cities in Germany, Portugal, Spain and Poland, represent total […]
Aberdeen Japan’s share price total return was almost 14% during the six months ended 30 September 2016, helped by both a slight tightening of the discount and the slide in sterling following the Brexit referendum result, including the effect of the hedge which, as expected, reduced the sterling related gain. The underlying portfolio outperformed the benchmark […]
John Laing Environmental Assets has published its half-year results to 30 September 2016. The NAV was 98.3p at 30 September 2016 (31 March 2016: 96.7p) with the positive movement in the period reflecting primarily an increase in forecast electricity prices. The portfolio valuation as at 30 September 2016 was GBP320.7m (31 March 2016: GBP264.5m). Total dividends were […]
LondonMetric Property has announced that it has acquired eight ‘last mile’ distribution warehouses for GBP39.9 million at a blended yield of 6.2% and with a WAULT of 9.0 years. Six of the distribution warehouses have been acquired from Helical plc for GBP26.0 million at a NIY of 6.5%. The 382,000 sq ft of warehouses are […]
Assura reports 3.1% growth in diluted EPRA NAV per share to 47.2 pence over the six months ended 30 September 2016. EPRA EPS, which excludes the net impact of valuation movements and gains on disposal, was 1.2 pence (2015: 0.9 pence). The quarterly dividend will rise by 9% to 0.6p from January 2017. They are reporting […]
Big Yellow says its adjusted net asset value at the end of September 2016 was 594.1 pence per share, up 4% from 569.1 pence per share at 31 March 2016. The Group made an adjusted profit before tax in the period of GBP27.0 million, up 13% from GBP23.9 million for the same period last year. […]
Schroder Income Growth Fund has published its annual financial report for the year ended 31 August 2016. A total return of 8.4% for the net asset value compared unfavourably to a total return of 11.7% for the FTSE All-Share Index. The share price produced a negative total return for the year of 0.8%, reflecting a widening in […]
Schroder Oriental Income says that, over the year ended 31 August 2016, the net asset value produced a total return of 32.1%, the share price produced a total return of 32.8% and the dividend has increased for the 10th year in a row. Revenue earnings per share for the year increased by 3.4% to 9.03 […]
EP Global Opportunities has announced that, further to the foreign exchange hedging announcements made on 30 June 2016 and 2 August 2016, in relation to its investments in Japanese equities, it has entered into a foreign currency forward contract that effectively removes the hedging of the Japanese Yen exposure back to Sterling, detailed in the previous […]
