TwentyFour Income Fund (TFIF) has announced its annual results for the year ended 31 March 2017. During the period, the company’s NAV grew by 10.2% whist its share price grew by 12.8% reflecting a widening of its premium to NAV from 1.94% to 4.29%. The company also paid dividends of 6.99p (2015: 7.14p). Including dividends, […]
Syncona has announced its annual results for the year ended 31 March 2017. It was a year that the company describes as ‘transformative’ with strong performance across the business. It lists the following highlights: Net assets at year end of £895.2m, 136.0p per share, a total return of 12.5%; Successful completion of the acquisition of […]
BlackRock Income and Growth Investment Trust (BRIG) has announced that Mark Wharrier, co-portfolio manager of the Company, has resigned to pursue another role. It says that Adam Avigdori, who has been co-portfolio manager of the Company since November 2011, continues as co- portfolio manager, while David Goldman, a senior director within the BlackRock UK Equity […]
European Real Estate Investment Trust (European REIT) has announced that it will return £6.0 million (equivalent to 77.6 pence per share) on 21 July 2017 by way of a compulsory partial redemption of shares (this the ‘Eighth Redemption’). The Eighth Redemption European REIT says that the Eighth Redemption will be conducted at the estimated unaudited […]
BBGI SICAV has announced that it has signed an agreement to invest in five existing PPP projects and gain access to what it describes as, “a robust pipeline of future PPP projects in Canada”. The agreement is with a subsidiary of SNC-Lavalin Group to invest in an investment vehicle (referred to as a “Partnership”) which […]
CVC Credit Partners European Opportunities has announced the result of its placing of sterling and euro treasury shares (originally announced on 19 May 2017). The Company has raised £77.55 million and €13.87 million from the sale of sterling and euro treasury shares respectively. It says that it will therefore sell, from treasury, 69,197,176 Sterling ordinary […]
Caledonia Investments has announced that it has reduced its holding in Cobehold SA (Cobehold) from 8.7% to 5.4%, realising €58.2m. As a result of a forward foreign exchange contract previously put in place to hedge the proceeds from the anticipated sale, Caledonia says it will receive £50.6m. Cobehold is the holding company of Cobepa SA, […]
Globalworth Real Estate Investments has announced that it has acquired Building “C” of the Green Court Bucharest campus, developed by the Swedish group Skanska, for a gross transaction value of approximately €38m. The acquisition is expected to close in the third quarter of this year. Green Court Bucharest Located to the north of Bucharest in […]
HgCapital Trust has announced that it and other institutional clients of HgCapital will re-invest in Visma Group Holdings (Visma), which it describes as a leading provider of mission-critical business software to SMBs in the Nordic region. The transaction follows a decision by KKR to sell its holding in the group. HgCapital, the trust’s manager, is […]
Sale of Land at International Healthcare Park Aseana Properties has announced that its 72.35% owned subsidiary, Hoa Lam-Shangri-la Healthcare (HLSL), has completed the sale of a plot of 1.23 hectares of land at International Healthcare Park (IHP), in Ho Chi Minh City, Vietnam. The sale, to Tien Phat Consultancy, has been achieved through the sale of […]
