Tetragon Financial has released its annual report for the year ended 31 December 2018. During the year, a NAV Per Share total return of 10.3%, and a share price total return of -9.0%. It also It also declared 72 cents of dividends per share for the year, which it says is a yield of 6.2%. […]
Greencoat UK Wind (UKW) has announced its annual results for the year ended 31 December 2018. The company says that its performance was in line with its expectations. Cash generation was on budget despite their being a low wind levels [QD comment: UKW, like most other renewable generators, has a high fixed cost base with […]
Riverstone Energy (RSE) has announced its annual results for the year ended 31 December 2018. RES finished the year with an NAV of $17.91 (£14.06)1 per share, which represents a year-on-year decrease in USD of 13 per cent. (in GBP of 8 per cent.) compared to the 31 December 2017 NAV. The company says that […]
Law Debenture Corporation (LWDB) has announced its annual results for the year ended 31 December 2018. For those not familiar with its structure, LWDB is a unique combination of an equity portfolio and independent professional services business. Key highlights for the Group, the equity portfolio and the independent professional services business are provided below, but […]
Apax Global Alpha has announced that The Apax VIII Fund, in which it is a limited partner, has today announced an agreement in principle to sell Exact Software. Apax VIII also announced on 21 February 2019 that it has agreed to sell its entire stake in AssuredPartners. It says that, together, these two transactions, based […]
LXB Retail Properties (LXB) has announced its annual results for the year ended 30 September 2018. In his chairman’s statement, Phil Wigely says that LXB has only a few weeks left until the anticipated de-listing and dissolution of the Company (subject to shareholders approve the necessary resolutions at an EGM scheduled for late March, and […]
Bluefield Solar Income Fund (BSIF) has announced its results for the six months ended 31 December 2018. Analysts from QuotedData attended the company’s results presentation and the company key operational highlights are listed below. However, underlying earnings for the period were £18m, which is 38.5% ahead, year-on-year (underlying earnings for the six-months ended 31 December […]
Rights and Issues Investment Trust (RIII) has announced its annual results for the year ended 31 December 2018. During the year, the trust provided an NAV total return of -9.7% (The NAV fell from 2,372.3p per share to 2,118.1p per share, but paid a modestly higher dividend of 31.5p per share versus 30.75p per share […]
Urban Logistics REIT has announced that it has exchanged contracts with Carbide Properties Limited, conditional on receipt of planning permission, for the forward funding of two high-quality urban logistics assets at Staffordshire’s Stone Business Park and Leicestershire’s Lime Kilns Business Park in Hinckley. The gross development value of the total acquisition is £15.4 million and […]
LXi REIT has announced that it has acquired a Bupa care home in Bristol for £13.8m. The Property, comprising a modern, high quality care facility providing nursing and residential care predominantly for privately funded patients, and reportedly benefits from high underlying occupancy levels. The purchase was conducted off-market and has been funded using the Company’s […]