Investors Capital has released results for the year ended 31 March 2016. The Company’s Equities Portfolio produced a total return of -2.4 per cent. during the year to 31 March 2016, while the Higher Yield Portfolio returned 1.1 per cent. Returns from the Equities Portfolio and the Higher Yield Portfolio, combined with the effect of […]
VinaLand and VinaCapital Vietnam Opportunities are selling their stakes in the Danang Golf Project. The project, acquired by VNL and VOF in 2006, is situated in Danang on 219.8ha of land and includes a completed 18-hole golf course with related facilities as well as residential dwellings, some of which are currently under construction. The project site […]
John Laing Infrastructure has announced that it has entered into an agreement to acquire a 100% interest in Project Service LLC, the provider of 23 highway service areas in the State of Connecticut (USA), between New York and Boston. John Laing Infrastructure has purchased the interest from Carlyle Infrastructure Service Plazas, L.P. (an affiliate of The […]
Caledonia delivered a positive net asset value per share total return of 2.6% for the year ended 31 March 2016, compared with 14.2% for the previous year. Over the year, the FTSE All-Share Total Return fell by 3.9%, though the S&P 500 remained flat. The Chairman emphasises though that they do not seek to benchmark performance […]
Henderson Alternative Strategies delivered a NAV total return of -2.3% during the half-year to 31 March 2016 compared to a rise of 11.5% in its FTSE World Total Return Index global equity benchmark. The Chairman’s statement says that, whilst the company tends to outperform in testing markets (e.g. for the six-month period to 30 September 2015), […]
Assura has announced its preliminary results for the year ended 31 March 2016. It saw a 3.9% growth in diluted EPRA NAV per share to 45.8 pence. Profit before tax fell to GBP28.8 million from GBP36.6 million after GBP34.1 million debt early repayment costs. The enlarged property portfolio delivered a Total Property Return of 8.9%. Assura raised […]
Eastern European Property has just published results for the year ended 31 December 2015. Eastern European Property’s consolidated net asset value (“NAV”) at 31 December 2015 was GBP15.8 million, equivalent to 101.46p per Ordinary Share (2014: GBP16.4 million; 105.36p per Ordinary Share). The Company’s share price decreased by 14.375p during the year to 50.75p at 31 December 2015, with the discount […]
Land Securities has announced results for the year ended 31 March 2016. Over that period its NAV rose by 10.3% to 1482p and its adjusted, diluted NAV rose by 10.9% to 1434p. Revenue profit rose by 10% to £362.1m and this pushed adjusted, diluted EPS up 10.1% to 45.7p. From this they declared dividends totalling […]
River & Mercantile UK Micro Cap’s NAV return for the six months ended 31 March 2016 was 8.3%, well ahead of the benchmark’s return of +0.9%. The manager’s report analyses the largest contributions to the fund’s performance over the period. The largest positive contributions came from KBC Advanced Technologies, IS Solutions, Trakm8, Blue Prism and Sigma Capital. […]
HICL Infrastructure has announced results for the year ended 31 March 2016. The NAV per share was 142.2p at 31 March 2016 (2015: 136.7p), which was ahead of budget. Total shareholder return for the year was 9.6% on a net asset value (“NAV”) total return basis and 6.8% on a share price total return basis. […]
