JZ Capital Partners has announced its annual results for the year ended 29 February 2016. The period was a busy one for the company during which it undertook an equity placing as well as a rollover of a zero dividend preference share. During the period, the company reports absolute total NAV growth of 20.7% to $851.7m. […]
John Laing Infrastructure Fund has announced that it has entered into an agreement with Acsa, Obras e Infraestructuras, S.A.U., a member of the Sorigué group, to acquire an additional 13.5% interest in the Barcelona Metro Stations Line 9 Section II project (pictured). JLIF’s existing 40% interest in Section II was acquired in January 2016 from […]
Baring Emerging Europe, managed by Matthias Siller (pictured), has announced its interim results for the six months ended 31 March 2016. During the period, it provided an NAV total return of 18.2% beating its MSCI EM Europe 10/40 benchmark index, which returned 14.3%. The share price total return was 12.2%, slightly underperforming the benchmark, which reflects a […]
Standard Life Investments Property Income Trust has announced that it has entered into an agreement to extend £145m of its existing £155m debt facility with The Royal Bank of Scotland. The debt facility consists of a £110m 7 year term loan and a £35 million 5 year revolving credit facility. The Revolving Credit Facility may, […]
Candover Investments has announced the partial realisation of its investment in leisure park operator, Parques Reunidos, which is managed by Arle Capital Partners Limited. The company says that the partial realisation follows the initial public offering of Parques. In the IPO of Parques, Candover will sell 7.7% of its interest in the company for net […]
NextEnergy Solar Fund has provided an update for the year ended 31 March 2016, through which it has announced that it is moving to paying quarterly dividends. Going forward, the Company will now pay dividends to shareholders on a quarterly basis, starting from the first quarter of the Company’s current financial year (the year ending […]
Empiric Student Property has announced that it has acquired a site, on a 199 year lease, and entered into a forward funding arrangement in relation to a development in Portsmouth, known as Europa House (pictured). The company say that the project comprises a 242 bed redevelopment to create a new premium student accommodation scheme, for […]
Baker Steel Resources Trust has provided an update on its intention to increase its ownership in Polar Silver Resources Limited. Polar Silver Resources is the trust’s largest investment (25.8% of net assets as at 31 March 2016). It is a private limited company, incorporated in the British Virgin Islands, which owns 100% of ZAO Argentum. […]
ICG-Longbow Senior Secured UK Property Debt Investments has announced its annual results for the year ended 31 January 2016. In terms of income, the company says that revenue for the year fell slightly to £8.4m (31 January 2015: £9.2m) as the exit and prepayment fees earned in the prior year were not repeated given the […]
John Laing Environmental Assets has announced that it is proposing to raise up to £65m by way of a cash placing of new ordinary shares to institutional investors. The company says that the net proceeds of the Placing will be used to repay the Company’s facility to provide capital for pipeline acquisitions. On 17 March, […]
