JPMorgan Income & Capital results for the year ended 28 February 2015 show the fund generated a total return of 5.4% for the year – this lagged the company’s benchmark (90% FTSE 350 excluding investment trusts index and 10% Barclays Global Aggregate Corporate Bond Index) by 0.4%. Corporate bond returns exceeded returns on equities during […]
Murray International has secured a £50m loan facility from the Royal Bank of Scotland. This was drawn in full on 13 May 2015 and fixed for five years at an all-in rate of 2.4975%. The new facility has been used to repay a maturing Yen 8.4 billion loan with RBS. MYI : Murray International secures […]
Green REIT has entered into a conditional contract for the acquisition of One Albert Quay, a grade A office building under construction in Cork city centre, with pre-lets agreed for over half of the building. One Albert Quay is being developed by JCD Group, led by CEO John Cleary, a local developer with a strong […]
North Atlantic Smaller Companies’ figures for the year ended 31 January 2015 show the fund generating a return on net assets of 13.5% and a return to shareholders of 15.3% (benefiting from a narrowing of the discount from 21.5% to 19.7%). These numbers are ahead of the Russell 2000 Index, which returned 12.5% and the 2.9% […]
River & Mercantile Micro Cap has issued its first interim results, covering the period from incorporation, through its launch on 2 December 2014 through to the end of March 2015. Over that period its net asset value total return was 5.3%, just ahead of the 5% return posted by its benchmark. The return to shareholders […]
Henderson European Focus Trust outperformed its benchmark over the six months ended 31 March 2015, generating a return on net assets of 14% compared to a 10.0% return on the FTSE World Europe ex UK Index. Shareholders did even better than that as the discount narrowed, giving them a return of 16.9%. The interim dividend […]
Highcroft Investments has acquired the entire issued share capital of B L (Wisbech) Ltd together with its wholly owned subsidiary Belgrave Land (Wisbech) Ltd from its six private shareholders. B L (Wisbech) Ltd and Belgrave Land (Wisbech) Ltd own a single asset, the Belgrave Retail Park in Wisbech, Cambridgeshire, which comprises a freehold retail warehouse park totalling 56,082 […]
SVG Capital has announced this morning that funds advised by Permira have signed a definitive agreement to sell New Look to Brait SA. The transaction values SVG Capital’s holding in New Look at £37 million, a £15 million uplift (8p per share) to the 31 January 2015 valuation of £22 million. New Look is a leading […]
International Public Partnerships Limited, “INPP”, has announced that Transmission Capital Partners, the consortium comprising INPP, Amber Infrastructure and Transmission Investment has been appointed as preferred bidder for the long-term license and operation of a further offshore transmission project. The latest scheme, comprising the transmission cable connection to Westermost Rough Offshore Wind Farm represents the sixth such project […]
Kennedy Wilson Europe is paying €30m for Puerta del Sol 9, a high street property in the iconic Plaza Puerta del Sol in Madrid. Plaza Puerta del Sol is a landmark location in the heart of Madrid’s city centre offering a wide range of restaurants, shops, cultural sights and attractions. Recently, the plaza benefitted from […]
