News

17 May 2018

Asset Sales drive robust financial performance for British Land

In what its chief executive, Chris Griggs, describes as “another good year for British Land”, the company says that financial performance has been robust following significant asset sales and that it has made further strategic and operational progress, while leasing activity has been strong across the business. During the year, the completed over £1 billion […]

17 Apr 2018

Global Diversified Infrastructure IPO cancelled

Global Diversified Infrastructure IPO cancelled – On 1 March 2018, Global Diversified Infrastructure Plc (GDIV) announced the publication of a prospectus in relation to a proposed IPO that included a placing, offer for subscription and intermediaries offer and the admission of its shares to trading on the main market for listed securities of the London […]

17 Apr 2018

Aberdeen Emerging Markets announces tender results

Aberdeen Emerging Markets announces tender results – Aberdeen Emerging Markets (AEMC) has announced the results of its proposed Tender Offer on 19 February 2018 (click here). The tender is to be conducted at a price reflecting a discount of 3.5% to NAV, and so will be NAV accretive for remaining holders. AEMC’s Board says that […]

13 Mar 2018

Hansteen announces Compulsory Purchase of Saltley Business Park, Birmingham

Hansteen has announced that the Secretary of State for Transport has acquired Saltley Business Park, Birmingham from a subsidiary of the Company, by way of a compulsory purchase order. This has taken place under the High Speed Rail (London – West Midlands) Act 2017, to enable construction of the first phase of the HS2 route. […]

13 Mar 2018

Witan – a good year for active management

Witan has announced its annual results for the year ended 31 December 2017. During the period, the trust provide an NAV total return of 19%, thereby outperforming its benchmark’s return of 15.1%. The trust discount to NAV reduced during the period from 4.0% to 1.6% at the year-end. The dividend increased by 10.5% to 21.0p. […]

27 Feb 2018

RIT Capital Partners net assets achieve all time high

RIT Capital Partners (RCP) has announced its annual results for the year ended 31 December 2017. During the year, RCP saw growth in its net assets of £216m, taking its total net assets to an all-time high of £2.9bn and, during the course of the year, the company’s market capitalisation exceeded £3bn for the first […]

16 Feb 2018

SEGRO announces final results

SEGRO announces final results. SEGRO, a leading owner, asset manager and developer of modern warehousing, light industrial and data centre properties, principally concentrated in London’s Western Corridor (including the Thames Valley) and in key conurbations in France, Germany and Poland, has announced its annual results for the year ended 31 December 2017. The company has […]

16 Feb 2018

Athelney Trust announces final results

Athelney Trust announces final results. Athelney Trust, an investor in small companies and junior markets has announced its final results for the year ended 31 December 2017. Key highlights are an NAV total return of 16.8% (31 December 2016: 5.7%); revenue return per ordinary share of 9.6p (31 December 2016: 10p) and a final dividend […]

15 Feb 2018

Brunner – 46 years of dividend growth

Brunner – 46 years of dividend growth. Brunner has announced its final Results for the year ended 30 November 2017. Its NAV total return was 19.5%, which is ahead of its composite benchmark index’s return of 15.1%. In terms of specific drivers of performance, the extract from the annual report released this morning does not […]

06 Feb 2018

Blue Capital Alternative Income reports improved market conditions

Blue Capital Alternative Income (BCAI) has provided an update on the January 2018 reinsurance renewals season. Mike McGuire, CEO of Blue Capital Management Ltd, says, “”Following the significant industry losses experienced in 2017, we are pleased to report improved market conditions during the January renewal period. On average, loss affected business benefited from renewing premium […]