The Scottish Investment Trust (SCIN) has announced its annual results for the year to 31 October 2020, during which it has notched up its 37th consecutive year of dividend increase (an increase of 1.8% to 23.2p per share). During the year, SCIN provided share price and NAV total returns of -12.0% and -10.6% respectively, which […]
Schroder AsiaPacific (SDP) has announced its annual results for the year ended 30 September 2020, during which it beat its benchmark by a significant margin and has secured a cut in fees. During the year, SDP provided NAV and share price total returns of 17.7% and 19.7% respectively, both of which are markedly ahead of […]
Irish Residential Properties REIT (IRES) has announced that it has executed contracts with Flynn & O’Flaherty Construction for the acquisition of 146 residential units located in The Phoenix Park Racecourse, Castleknock, Dublin 15. The total purchase price is €60 million (including VAT but excluding other transaction costs). IRES expects to complete the acquisition in January […]
Home REIT (HOME) has announced the acquisition of a further twelve separate portfolios of properties located across England for a total purchase price of £64.3 million (including acquisition costs). This takes the total capital deployed by the Company since IPO to £115 million, which is just under 50 per cent. of the net IPO proceeds. […]
In QuotedData’s morning briefing 14 December 2020: Gore Street Energy Storage Fund has announced that it has raised gross proceeds of £60 million by way of an Initial Placing, Offer for Subscription and Intermediaries Offer. The fundraising was significantly oversubscribed and so a scaling back exercise has been undertaken. The net proceeds of the Issue will be […]
The Board of Jupiter US Smaller Companies (JUS) has announced that it intends to appoint Brown Advisory as the Company’s investment manager. Brown Advisory will manage the Company using its US Small-Cap Growth Strategy, which invests primarily in the shares of small US companies possessing above-average growth potential. The appointment is subject to the satisfaction […]
JLEN Environmental Assets Group has announced that it has acquired a portfolio of five biomethane Compressed Natural Gas (CNG) refuelling stations for heavy goods vehicles (HGVs), located in the UK. The investment has been made alongside other Foresight funds and the developer and operator of the stations, CNG Fuels Limited (CNG Fuels). JLEN will also […]
Gravis Capital Management Limited (Gravis), the manager of GCP Infrastructure, GCP Student Living and GCP Asset Back Income, has announced that it has entered into a strategic partnership with ORIX Corporation (ORIX) whereby ORIX will acquire a 70% equity stake in the Gravis business. ORIX is a diversified financial services group. The announcement says that ORIX’s […]
Landsec has announced that it has exchanged contracts to sell 1 & 2 New Ludgate to Sun Venture for a cash consideration of £552m. Completion is expected to take place by the end of December 2020 and is unconditional. Landsec says that the proceeds will initially be used to pay down debt before being reinvested […]
Great Portland Estates (GPE) has announced it has let 17,700 sq ft of office space at The Hickman development at 2/4 Whitechapel Road, E1 to Four Communications Group Limited (Four), an integrated marketing and communications agency. Four will occupy the offices on the fifth, sixth and seventh floors at The Hickman on ten-year leases (with […]
