News

25 Feb 2016

John Laing Infrastructure announces new placing

John Laing Infrastructure Fund has announced a placing of up to 81.2 million new ordinary shares and has said that the net proceeds will be principally used to repay the Group’s revolving credit facility which, following the acquisition of a 40% stake in the Barcelona Line 9 Section II metro project announced in January 2016, […]

25 Feb 2016

Ruffer – second half of 2015 was difficult for capital preservation

Ruffer Investment Company has announced its interim results for the half year ended 31 December 2015. During the period, the company’s NAV per share from 218.76p to 206.98p, which after allowing for dividends of 1.7p paid during the period, equates to a total return of -4.6%. The Company’s share price also fell by 4.6%, on […]

25 Feb 2016

Safestore announces acquisition of new site at Marnes-la-Vallée, Paris for €4.2m

Safestore has announced that its acquired a freehold site in eastern Paris adjacent to the A4 motorway at Marnes-la-Vallée in the town of Emerainville for €4.2m. The site contains an existing warehouse which will be converted into a c.60,000 sq ft self-storage facility and c.8,000 sq ft of serviced offices. The company estimates that the costs […]

23 Feb 2016

TLI Alternative Asset Opportunities announces policy maturity

TLI Alternative Asset Opportunities has announced that it has received notification of a policy maturity on one life with a face value of US$4m. The company say that the maturity is in the process of being verified and assuming it is certified will add approximately 1.4p to the company’s NAV per share. TLI Alternative Asset Opportunities […]

22 Feb 2016

Custodian REIT acquired B&Q retail warehouse in Banbury for £6.5m

Custodian REIT has announced that it has a 34,955 square foot retail warehouse in Banbury, currently let to B&Q, for £6.525m. The warehouse is located one mile from junction 11 of the M40 and within walking distance of the town centre and railway station. Nearby occupiers include Wickes, Halfords, Homebase, Dunelm Mill, Topps Tiles and […]

22 Feb 2016

Greencoat sees strong wind generation offset lower power prices

Greencoat UK Wind has announced its annual results for the year ended 31 December 2015. During the period, the company’s NAV per share grew by 0.48% to 104.5p but, including dividend (6.26p) the company has provided an NAV total return of 6.6%. During the year, portfolio power generation was 8% above budget at 799.3GWh (the […]

22 Feb 2016

Hibernia REIT to acquire Central Quay, in Dublin’s South Docks, for €51.3m

Hibernia REIT has announced that it has exchanged contracts to acquire Central Quay, a modern office building located between Sir John Rogerson’s Quay and Hanover Quay in the South Docks area of Dublin, for €51.3m. Central Quay (pictured), was completed in 2007 and is a 57,700 square foot office building, arranged over six floors, with 26 […]

19 Feb 2016

A strong year for SEGRO sees NAV growth of 21%

SEGRO has announced its annual results for the year ended 31 December 2015. The company describes the year as one of strong operating and portfolio performance and they say the results reflect the active management of their assets, positive market dynamics and the strategic repositioning of the company’s portfolio, which is now almost exclusively focused […]

18 Feb 2016

SEGRO announces 10 year Big Box partnership with Roxhill

SEGRO has announced that it has entered into an exclusive partnership with Roxhill to potentially develop more than 10 million square feet of big box logistics warehousing, over 10 years, in the South East and Midlands. This will allow SEGRO to add significant scale to its UK big box logistics portfolio. SEGRO says that Roxhill is […]