Duke Royalty and Oliver Wyman have announced an exclusive pharmaceutical and healthcare royalty financing collaboration. Oliver Wyman is a management consultancy wholly owned by Marsh & McLennan Companies. Duke Royalty will be responsible for capital raising, the structuring of definitive agreements and the acquisition of each royalty interest originating from the collaboration. Duke Royalty believes […]
Green REIT has announced its results for the year ended 30 June 2015. The NAV rose by 23.6% and the EPRA NAV by 21.6% over the year. The EPRA earnings per share fell by 23.8% to 1.6 cents. Gearing at the year end was 9.5%. The Board expects to declare a dividend of 1.6 cent […]
Trading Emissions has announced that the arbitration tribunal found in favour of Trading Emissions and the €9m claim brought by Yunnan Dianneng (Group) Holding Co. Ltd has been dismissed in its entirety. The tribunal also awarded TEP reimbursement of both HK$2,750,000 (approximately €320,000) of its direct costs and the sums TEP had paid as a deposit […]
Further to the legal proceedings between the Company and Lonrho Limited, Cambria Africa announces it has concluded a settlement agreement with Lonrho with respect to the claims and counterclaims between the parties, in terms of which, Cambria will receive $4,752,000 in full and final settlement of the Claims. After outstanding litigation and other associated costs, […]
Kuala Innovations Limited has announced the acquisition of a 4.9% interest in the issued shares of UK incorporated private company The Diabetic Boot Company Limited. In aggregate, Kuala has acquired 25,978 ordinary shares of The Diabetic Boot Company at a price of £13.37 per share, for total consideration of £347,324, valuing the whole company at £7.05m. Regent […]
SEGRO has announced that it has appointed CBRE to explore a potential sale of its portfolio of offices on the Bath Road in Slough. The portfolio contains 972,300 sq ft of office properties leased to companies spanning blue-chip, national and international businesses, and one building currently being developed on a speculative basis. The portfolio generates […]
Tritax Big Box REIT has announced that it has exchanged conditional contracts to acquire the land and provide forward funding for the development of a new distribution warehouse facility, pre-let in its entirety to Howden Joinery Group Plc, the parent group of the UK’s leading supplier of kitchens and joinery. The investment price is £67m, […]
Ediston Property Investment Company has acquired three leisure properties for £10m (net of acquisition costs), reflecting a net initial yield of 8.60%. The acquisition was funded from existing cash resources. The properties comprise two units in Liverpool and Hartlepool, which are let to Mecca Bingo, and a third unit in Telford, part of the Southwater […]
Weiss Korea reports an increase in its NAV from 120.4p to 125.27p over the first half of 2015. Including dividends, the Company’s NAV increased by 5.4%, outperforming the reference MSCI Korea 25/50 Capped Index, which returned -0.03%. They paid a dividend of 1.858p during the period. There is no performance attribution information in the announcement. […]
JZ Capital has announced an open offer and placing to raise $150m and a rollover offer of new 2022 ZDPs to replace their existing 2016 ZDPs. The new share capital is being issued on a 9 new shares for every 25 held basis at 419.19p, a 39.7% discount. If shareholders don’t take up shares under the […]
