The Board of The European Investment Trust plc announces that Edinburgh Partners has appointed Craig Armour as portfolio manager for the Company in succession to Dale Robertson. Craig joined Edinburgh Partners in 2009. He is an Investment Partner and is responsible for managing several European equity portfolios. Prior to joining Edinburgh Partners he had a […]
NB Distressed Debt has published interim results covering the six months to the end of June 2016. By that point, the NBDD Share Class had returned, through capital distributions, $108.4m or 87% of investors’ original capital of $125.0m by the end of the period. This, when added to the NAV of $40.3m, brings the ratio […]
SEGRO plc has exchanged contracts to sell the Heston & Airlinks Industrial Estate near Heathrow Airport to Capital Industrial Four BV for GBP79.5 million. Heston Industrial Estate is a multi-let industrial estate, located to the north-east of Heathrow Airport close to junction 3 of the M4 motorway, comprising 481,000 sq ft of warehouse space across 47 […]
Industrial Multi Property Trust says its adjusted NAV per ordinary share at 30 June 2016 is 296.2 pence (31 December 2015: 260.6 pence). This increase is mainly due to an increase in the fair value of investment properties which is partly offset by an operating loss due to finance costs. The results for the period […]
F&C Private Equity says that, as at 30 June 2016 the Company’s net asset value was GBP232.2 million giving a NAV per share of 314.08p. Taking into account last year’s final dividend of 5.83p per share paid on 31 May 2016 the NAV total return for the first half of the year was 8.2 per […]
The first six months of 2016 was a disappointing period for investors in P2P Global Investments as its share price fell from 1007p to 850p. They paid a total dividend of 25.2p per ordinary share during the period and delivered a NAV return of 2.37%. The Board recognises that investment returns in the first half of […]
ECR Minerals (ECR:AIM) has terminated its Earn-in option in respect of the Danglay gold project in the Philippines. The new government’s lack of support towards the mining industry was indicated as the determining factor in their decision. ECR Minerals is no longer the operator of the Danglay gold project To date ECR has earned a 25% […]
At 30 June 2016, Starwood European Real Estate Finance’s NAV was 100.92p and its share price 105.75p. The fund continues to target a dividend at an annualised rate of 6.5 pence per Ordinary Share and has declared a dividend of 1.625 pence per Ordinary Share (6.5 pence annualised) for each of the first two quarters […]
F&C Commercial Property’s net asset value total return for the six month period ended 30 June 2016 was 1.4 per cent and the ungeared total return from the property portfolio was 2.0 per cent. This compares with a total return of 2.6 per cent from the industry benchmark. The changes to Stamp Duty announced in […]
Candover’s net asset value fell by 39.1% over H1 2016 to 148p. In late April, Candover announced the partial realisation by Arle of its investments in Parques Reunidos and Technogym S.p.A, following the initial public offering of Parques in Spain and Technogym in Italy. In the IPO of Parques, Candover sold 7.7% of its interest […]
