Invesco Asia Trust has announced its interim results for the six months ended 31 October 2016. During the period, the company provided NAV and share price total returns of 33.6% and 37.1% respectively. In both cases outperforming the company’s benchmark index, the MSCI AC Asia ex Japan Index, which the company says returned 32.1%. The […]
Highcroft Investments has announced that it has agreed the sale of its freehold interest in its property at High Street, Staines to private investors. It is expected that contracts will be completed within two months. The property comprises three retail units with offices and storage on the first floor and planning consent was recently obtained […]
International Public Partnerships Limited (INPP) has announced that it is part of the Quad Gas Group consortium that has agreed to acquire a 61% interest in National Grid’s gas distribution network (GDN). The Company says that it expects to invest up to £275 million, with the remaining risk capital funded by the other consortium partners […]
Tritax Big Box REIT has announced that it has completed the land purchase and exchanged contracts to provide forward funding for the development of a new distribution facility at Prologis Park, Fradley, Staffordshire. The development is pre-let to Screwfix Direct Ltd, whose ultimate parent is Kingfisher Plc The development represents an investment of £52.7 million, […]
Bluefield Solar Income Fund has announced announce that it has entered into binding agreements to acquire five new build sub-5 megawatt peak ground-mounted solar photovoltaic plants. The projects are being acquired for a total consideration of £22.7m, including transaction costs and working capital. The company says that each plant is expected to become operational before […]
Oakley Capital Investments Limited has announced that it has been informed that Cinven has reached an agreement to sell Host Europe Group, the largest privately owned hosting provider in Europe, to GoDaddy Inc, which it says is the world’s largest cloud platform dedicated to small independent ventures. Oakley Capital Private Equity II took a minority […]
Sequoia Economic Infrastructure Income Fund has announced the results of its recent placing, which took place under its placing programme. The company was targeting a placing of in excess of £40m and, under the terms of its placing programme, has the authority to issue up to a maximum of 120m shares. The company says that […]
Fidelity Asian Values has announced that, as detailed in its Prospectus dated 26 October 2016, it has made a one for 5 bonus issue of subscription shares and has allotted 13,497,222 subscription shares. The Subscription Price is equal to the published unaudited NAV per Ordinary Share as at 5.00 p.m. on 2 December 2016, plus […]
SVG Capital has announced the results of its general meeting at which shareholders have a proved a change of investment policy, which allows for an orderly realisation of the Company’s assets and to make repurchases in connection with a series of tenders offers, which will allow for a progressive return of cash to shareholders. Following […]
BACIT has announced its interim results for the six months ended 30 September 2016. During the period, the company’s NAV total return was 4.82%, thereby underperforming the FTSE All-Share Index, which returned 12.85%. Reflecting a widening of the discount during the period, the company’s share price fell by 4.2%. The trust’s chairman, Jeremy Tigue, says […]
