Hansteen Holdings has announced that its all-cash offer, of 300p per share, for Industrial Multi Property Trust (IMPT) has become unconditional. It says that, at 22 March 2017, it had received valid acceptances of its offer in respect of 2,500,657 IMPT shares, representing approximately 29.73% of IMPT’s issued share capital. In addition, Hansteen has acquired […]
International Public Partnerships (INPP) has announced that its current intention is to seek to raise additional capital following the publication of its annual results on 30 March 2017. It says that it expects to complete its investment in National Grid’s gas distribution network (announced on 8 December 2016) within the next few weeks and to […]
LXI REIT has announced that it has exchanged contracts to acquire the Travelodge hotel at Haverhill in Essex, and has now completed on the pre-let forward funded purchase of the Travelodge, Starbucks and Greggs bakery development at Melksham, near Bath, the exchange of which was announced on 10 March 2017. LXI REIT says that both […]
John Laing Infrastructure Fund (JLIF) has announced proposals to issue up to 89.8 million new ordinary shares by way of tap issuance. The company says that the net proceeds of the placing are to be used to repay majority of outstanding sterling debt drawn on its revolving credit facility and that this will create flexibility […]
Weiss Korea Opportunity Fund (WKOF) has published a circular containing details of a ‘realisation opportunity’. When WKOF was launched in 2013 it committed to offer Shareholders a realisation opportunity on or prior to the fourth anniversary of the WKOF’s admission. WKOF also committed to offer similar opportunities every two years thereafter unless it has already […]
Hansteen has announced that its board has agreed to dispose of its German and Dutch portfolios for €1.28 billion to funds advised by affiliates of The Blackstone Group L.P. and M7 Real Estate. Hansteen says that the price represents a premium of approximately €76 million (6 per cent.) to the Year End Valuation which itself […]
Real Estate Investors has announced its final results for the year ended 31 December 2016. Paul Bassi, the comopany’s CEO describes the year as one of excellent progress. He says that the company secured record property ownership, revenue and contracted rental income, with underlying profits rising 271% to £5.2 million (2015: £1.4 million). He says […]
Dunedin Enterprise has announced its annual results for the year ended 31 December 2016. During the period, the company provided an NAV total return of 2.7% and a share price total return of 0.0%. The company says that, in comparison, the return on the FTSE Small Cap (ex Investment Companies) Index returned 12.5%. The company […]
JPEL Private Equity Limited (JPEL) has announced that, on 14 March 2016, Caisse de dépôt et placement du Québec (CDPQ) announced an investment in Datamars, a global company based in Switzerland whose technology is used to identify and track livestock, companion animals and textiles. The transaction is subject to regulatory and change of control approvals […]
Baillie Gifford Shin Nippon (BGS) has announced its results for the year to 31 January 2017. Over the year the Company’s net asset value per share (after deducting borrowings at fair value) rose 34.0%, whilst it says its comparative index, the MSCI Japan Small Cap Index, rose by 34.9% in sterling terms. The share price […]
