Triple Point Energy Efficiency Infrastructure (TEEC) has provided an update on its pipeline as well as personnel changes that are taking place at its investment manager. Pipeline update TEEC says that headline terms for its first investment into energy efficient heat distribution assets, represented by the target CHP+ portfolio identified at IPO, are now agreed […]
The board of Gabelli Value Plus+ Trust (GVP) has made an announcement this morning which suggests a tender offer may be on the cards, which could finally offer a way out of the maze for beleaguered GVP shareholders. In its announcement, GVP’s board says that it plans to shortly publish a circular convening a general meeting at which […]
Downing Renewables & Infrastructure Trust (DORE) has announced that it has signed an exclusivity agreement with Bagnall Energy Limited in relation to a proposed investment in a 100 MW nearshore, shallow water wind farm. The wind farm is to be constructed in Lake Vänern in southern Sweden and developed by Cloudberry Clean Energy AS. DORE […]
The Renewables Infrastructure Group (TRIG) has announced that it has exchanged contracts to acquire an equity interest of 17.5% in the Beatrice offshore wind farm project in the UK, from Copenhagen Infrastructure Partners (CIP). Beatrice is a 588MW offshore wind farm developed by SSE Plc that is located approximately 13km off the north east coast […]
In QuotedData’s morning briefing 15 January 2021: Macau Property Opportunities (MPO) has provided an update for the second half of 2020. After a disappointing first half due to the effects of COVID-19, MPO says that the second half showed some improvement with the pandemic under control in the territory and neighbouring China. These factors, together with […]
In QuotedData’s morning briefing 8 January 2021: The Schiehallion Fund has announced that it is considering an issue of C shares to institutional and professional investors at a price of US$1.00 per C share. The company says that the size of the issue is still to be determined, but it does not currently expect that the […]
British Land (BLND) has announced that, following confirmation in May that planning has been secured at Canada Water, it has now completed the drawdown of the 500-year headlease with Southwark Council. In addition to this, it has signed its first pre-let with new higher education enterprise, TEDI-London, which has chosen to locate its new campus […]
AEW UK REIT (AEWU) has announced that it has unconditionally exchanged contracts to sell Sandford House, Homer Road, Solihull for £10.5 million. The sale is due to complete on 1 February 2021 and the Company will receive income from the asset until this date. Subsequent to this, the Investment Manager intends to reinvest sale proceeds on behalf […]
Schroder Real Estate Investment Trust (SREI) has announced that it has completed the acquisition of Stanley Green Trading Estate together with an adjoining development site in Cheadle, South Manchester, for a total consideration of £17.25 million, reflecting a blended net initial yield of 5.2%. This is in line with the strategy to selectively deploy available […]
River & Mercantile UK Micro Cap (RMMC) has announced its annual results for the year ended 30 September 2020, during which its manager, George Ensor, says that there has been one recent development which has been particularly supportive of the Company’s outperformance; the outperformance of UK smaller company equities when compared to the wider UK […]
