News

22 Jan 2016

Assura buys Malmesbury Medical Enterprise

Assura has announced that on 21 January 2016, it acquired Malmesbury Medical Enterprise Limited  from its former shareholders Kate Badcock, David Charles, Angela Charles, Nigel Pickering, Janet Pickering, John Pettit, Philippa Pettit, Jaqueline Neale, John Harrison, Pamela Harrison, Thomas Estcourt, Sonia Munnelly & David Grogan (together, the “Sellers”). As part of the consideration payable under […]

20 Jan 2016

AEW UK REIT buys Walsall warehouse

The Board of AEW UK REIT has announced the acquisition of a multi let industrial warehouse located in Brockhurst Crescent, Walsall, West Midlands, an established commercial area located two miles from Junction 9 of M6. Comprising approximately 142,106 sq ft, the property is fully let to Tata Steel UK and Micheldever Tyre Services providing a […]

20 Jan 2016

JPMorgan Senior Secured Loan 50% tender triggered

JPMorgan Senior Secured Loan has announced that it looks as though a 50% tender will be triggered. The Board says it wants to remind shareholders that when JPMorgan Senior Secured Loan was launched its prospectus included a commitment to make a redemption offer giving shareholders the opportunity to redeem up to 50 per cent. of […]

19 Jan 2016

New deputy adviser for John Laing Infrastructure

John Laing Capital Management has appointed Gianluca Mazzoni as the Deputy Investment Adviser to John Laing Infrastructure Fund, in charge of Business Development. He will report to Andrew Charlesworth, John Laing Infrastructure’s Investment Adviser. Gianluca, who joins John Laing Capital Management this week, will be dedicated to John Laing Infrastructure and will be responsible for developing new […]

18 Jan 2016

TwentyFour Select Monthly says no significant concerns about dividend

TwentyFour Select Monthly Income has released its annual results for the year that ended on 30 September 2015. Over that period the NAV total return was 0.7%. the share price fell by 6.0% and the company declared dividends totalling 6.53p (ahead of their 6p target for the year). Despite the falling share price, the company […]

18 Jan 2016

Bankers does well, raises dividend for 49th year

Bankers Investment Trust has published results for the year ended 31 October 2015. Over the year the net asset value rose by 5.7%, the share price by 9.9% and the dividend was increased by 6.8% to 15.8p (making the 49th consecutive year of dividend increases). They say all of their major geographic portfolios exceeded their local […]

18 Jan 2016

Project Finance Investments invests in residential property

Project Finance Investments is investing in an asset backed deal secured against UK residential property. It has announced that it is committing to subscribe up to £12m for loan notes issued by Project Finance Investments (UK) Limited, a wholly owned subsidiary of the Company. The proceeds of the Loan Note issue will be used to […]

18 Jan 2016

BlackRock North American beats benchmark by avoiding oil exposure

BlackRock North American Income Trust reports performance just ahead of its benchmark for the year ended 31 October 2015. the NAV total return was 4.9% vs. 4.1% for the Russell 1000 Value Index. The share price total return was 4.7%. The total dividend for the year rose by 7.5% to 4.3p. The Board are asking […]

15 Jan 2016

British Empire takes on 20 year debt

British Empire has announced that it is taking on 20 year debt. The company says the Board (headed up by Strone Macpherson – pictured) have agreed to issue 20 year unsecured private placement notes in two tranches. The first tranche is £30m and the second is €30m (equal to £22.6m at the closing exchange rate on 14 January […]