Graphite Enterprise Trust has announced that Intermediate Capital Group plc (ICG) has been appointed as the trust’s investment manager. This follows ICG’s acquisition of the private equity fund investment business of Graphite Capital Management LLP. The change of manager is expected to take effect on 1 February 2016 and Graphite Enterprise will be renamed ICG […]
MedicX Fund has announced that it has contracted to acquire, by way of forward funding, a new primary healthcare medical centre in Crumlin, a suburb of Dublin. The property is due to be completed in January 2017 and will be let to the Health Service Executive, a number of GPs and associated medical service providers. […]
Globalworth Real Estate Investments has announced that it has closed the acquisition, of Green Court Building B, Bucharest, from Skanska Romania. The transaction was effected through the acquisition of 100% of the shares of SPC Gamma Property Development Company s.r.l., the company owning the asset, for a consideration of circa €45m. Of this, €20m was […]
John Laing Infrastructure Fund has announced that it has entered into an agreement with Iridium Concesiones de Infraestructuras (Iridium), a subsidiary of Grupo ACS, to acquire an effective 40% stake in the Barcelona Line 9 Section II metro project. Line 9 (pictured) runs directly through the heart of the city centre, connecting the airport and […]
Highcroft Investment has announced that Rodenhurst Estates Limited (a property owning subsidiary of Highcroft Investments PLC) has agreed the sale of a freehold building in Market Place, Kingston upon Thames to a private investor for £1.125m (a 61% premium over its 31 December 2014 valuation of £700k). The property comprises a listed shop property fronting […]
Leaf Clean Energy has announced that, on 22 December 2015, it filed a complaint against its investee, Invenergy Wind LLC (“Invenergy”), in the Delaware Court of Chancery in Delaware, USA. The complaint seeks payment by Invenergy to Leaf Clean Energy of US$126.0m. Rather than cut and paste the text, we have attached a pdf of the […]
Renewable Energy Generation has announced that it has completed the sale of its assets and will delisting from the London Stock Exchange on 5 January 2016. The last day of dealing in the company’s ordinary shares, on AIM, will be 4 January 2016. No more WIND – Renewable Energy Generation to delist in January : […]
Schroder European Real Estate Investment Trust has announce that it has exchanged contracts to purchase freehold office property located in Boulogne-Billancourt (Paris) for €37.5m. The purchase is the company’s first since its launch (the company listed on the London Stock Exchange on 9 December 2015) and the purchase price represents a net initial yield of […]
Schroder Real Estate Investment Trust has announced that has exchanged unconditional contracts to sell Technology House in Fleet (pictured) for £2.2m. This is a marked premium (83%) to an independent valuation of the property as at 30 September 2015 of £1.2 million. The trust says that the buyer has paid a non-refundable deposit of £220,000 […]
Drum Income Plus REIT has announced that it has exchange of contracts to purchase Lakeside 5500 (pictured), a multi-let office development, in Cheadle, Manchester, for £5.475m. the company says that key tenants Micron Europe Limited and Agilent Technologies LDA UK Limited and that the purchase price reflects a yield of 7.82%. Drum Income Plus REIT […]
Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.
Due to data protection policies, USA residents can not access our data.
Your content has been curated