SVI: SVG Capital sees net inflow in first half SVG Capital received £92.5m in H1 2014 as Pemira stepped up the pace of realisations within its funds and it has seen a further £116.6m flood in since the end of June. SVG reinvested £78.6m of this in the first half and has had calls of […]
NewRiver Retail pays £140m for three shopping centres NewRiver Retail is acquiring a portfolio of three shopping centres. The purchase is being made through its Bravo joint venture – both parties are taking a 50% equity stake in the venture. In total they are buying 758,000 sq ft of space, let to 185 tenants, in three […]
MYI : Murray International outperforms in H1 Murray International Trust, managed by Bruce Stout (pictured), beat its benchmark over the first half of 2014, delivering a total return on net assets of 5.4% vs. a 2.8% return on the company’s benchmark (40% FTSE World UK and 60% FTSE World ex UK). The share price total return […]
New name and new objective for Investors in Global Real Estate IGRE : Investors in Global Real Estate plans to change its name to Schroder Global Real Estate Securities (provided shareholders approve that is). The change reflects the appointment of Schroders as managers of the fund earlier this month. The Board, following conversations with Schroders, […]
IERE : Invista European shaves €5m off debt pile with Spanish sale Invista European Real Estate, managed by Ludovic Berard (pictured), has sold a logistics asset in Alovera, Spain for €12.2m. Their plan is to use €7m of the proceeds from the sale to fund capital expenditure that they have planned elsewhere in their portfolio and […]
TRIG : Renewables Infrastructure buys three more solar parks The Renewables Infrastructure Group has acquired three operational solar parks in Dorset, Norfolk and Cornwall. Combined the parks have the capacity to generate 56.6MW. Parley Court Farm in Dorset is a 24.2MW plant built by Isolux Corsan and attracts a subsidy of 1.6 ROCs. Egmere Airfield […]
DCI : Dolphin Capital refinances its Amanzoe project Dolphin Capital has announced that Colony Capital will loan Dolphin’s Amanzoe project €40m. The money will be used to return a €10m deposit from Archimedia, repay a loan from Dolphin Capital and finance the extension of the project. Amanzoe is an Aman beach club, spa, villa and hotel […]
JLEN : John Laing Environmental says fire will not affect dividend A fire that struck John Laing Environmental’s Frog Island Mechanical Biological Treatment Facility in East London has been brought under control. The full extent of the damage is still being assessed. The facility is fully insured and John Laing Environmental says it expects the […]
JAM : JPMorgan American technology overweight pays off JPMorgan American, managed by Garrett Fish (pictured), has published its interims for the period to end June 2014. It outperformed its benchmark over this period, delivering a net asset value total return of 4.1% vs. a 3.6% return on the S&P500 Index. The return to shareholders was 4.2%. […]
KWE : Kennedy Wilson Europe buys exposure to 99 assets in four months – and keeps going Kennedy Wilson Europe has published its first set of figures since listing late in February 2014 (the second largest real estate IPO on the LSE ever). They show that by the end of June 2014 it had spent […]
