Scottish Investment Trust (SCIN) has announced its final results for the year ended 31 October 2018. During the year, the share price total return was +1.9% and the NAV total return was +1.1%. SCIN does not have a formal benchmark but it says that, by way of comparison, the sterling total return of the international […]
Greencoat Renewables has announced that it has acquired two windfarms, Monaincha and Garranereagh, for €88m. The seller is BlackRock Real Assets and the purchase is being funded by Greencoat renewables revolving credit facility of €380m. The transaction is expected to close by the end of December 2018 and the two farms combined have a 45.2MW […]
SDCL Energy Efficiency Income Trust Plc (SEEIT) has announced that its IPO has raised gross proceeds of £100m (through the issue of 100m shares at £1 per share). The company says that it expects that its shares, which are to be listed on the London Stock Exchange’s main market, will start trading on Tuesday 11 […]
City Natural Resources High Yield Trust Plc has announced that, following shareholder approval at its AGM on 5 December 2018, it has changed its name to CQS Natural Resources Growth and Income Plc. The change takes place with immediate effect. The trust’s ticker (CYN) remains unchanged. The trust formerly known as City Natural Resources High […]
Infrastructure India (IIP) has announced that it has agreed extensions to the maturity of two of its loans. These are an existing US$48.4m unsecured bridging loan facility (originally provided to the Company in June 2017 by Cedar Valley Financial) and an existing US$21.5m working capital loan (originally provided to the Company in April 2013 by […]
HarbourVest Global Private Equity (HVPE) has announced that it intends to introduce an additional US dollar quote for the Company’s shares traded on the Main Market of the London Stock Exchange. The new US dollar quote will operate alongside HVPE’s existing sterling quotation. US dollar quote to go live on Monday 10 December 2018 HVPE says […]
Standard Life Investments Property Income Trust (SLIPIT) has announced that it has completed the letting of its largest vacancy, a logistics unit Swadlingcote, Derbyshire. The trust has also announced the sale of a unit at Broadway Business Park in Oldham and a letting at Monck Street in London. The Swandlingcote logistics unit The 141,000 square […]
Land Securities has announced that it has purchased a 1.6 acre site in Lavington Street, SE1 for £87.1m. The purchase, from a private company, increases Land Securities presence in Southwark. Colette O’Shea, Managing Director of Land Securities London Portfolio, said: “This acquisition gives us great potential in a submarket in which we have deep experience. […]
CATCo Reinsurance Opportunities has announced that its investment manager, Markel CATCo Investment Management Ltd, is subject to enquiries, by the US and Bermuda governments, into loss reserves recorded in late 2017 and early 2018. This includes its subsidiaries Markel CATCo Reinsurance Fund Ltd and Markel CATCo Re Ltd Markel CATCo Reinsurance Fund Ltd is the […]
Schroder European Real Estate (SERE) has announced its final results for the year ended 30 September 2018. SERE’s Chairman, Sir Julian Berney Bt., has described it as “another strong year that has seen SEREIT delivering growth in both net asset value and income”. He says that this was chiefly underpinned by the profitable disposal of […]
