GCP Infrastructure Investments has announced that it has completed a transaction in which it has subscribed for a loan note with an expected term of approximately 35 years and an initial value of up to £25.5m (when fully drawn). The Company advanced approximately £1.4m on the completion of the transaction and the majority of the […]
SQN Asset Finance Income Fund has announced that its C-share offer has completed raising £180m for the company. The issue was oversubscribed and so the company has scaled back applications in accordance with the terms set out in the Prospectus. The company says that the proceeds will be used to invest in a pipeline of […]
Electra proceeds with mandatory conversion – Electra Private Equity announced on 23 October 2015 its intention to exercise the mandatory conversion option in its 5% subordinated convertible bonds due 2017. The exercise of the option will automatically and mandatorily convert all of the outstanding Bonds into new ordinary shares of Electra. Electra has now announce that […]
Edinburgh Dragon Trust has announced its final results for the year ended 31 August 2015. During the year the trust’s NAV fell 12.4%, in total return terms, underperforming its MSCI All Country Asia (ex Japan) benchmark which fell 9.1% (all in sterling terms). During the period, the share price fell by 12.8% to 235.8p, as […]
NextEnergy Solar Fund has announced that it has exchanged agreements to purchase three plants, Ellough Solar 2, Decoy and Hall Farm, with capacity of 18.0MWp and an investment value of £18.1m. The 8.0MWp Ellough Solar 2 will be an extension of the company’s existing Ellough plant (pictured). The plant is expected to be connected ahead […]
Global Resources Investment Trust has announced that a fall in its net asset value, to 34.58p per share, means that its total assets equate to 3.94x the value of its convertible. One of the covenants that GRIT has been obliged to abide by, since the convertibles were issued, is that the asset cover on the convertibles should not […]
Assura has announced the acquisition of Abbey Healthcare Group Limited and Abbey Healthcare Property Investments Limited from its former shareholders Peter Archer and Gina Archer. As part of the consideration, payable under the terms of the acquisition, Assura has agreed to issue to the Sellers 2,229,072 ordinary shares to the sellers. Based on the closing […]
British Land has announced that it has let the first floor of Marble Arch House (pictured) to Cirrus Logic, a provider of analogue and digital signal processing equipment. This follows deals announced earlier this year to let the fourth and second floors to BXR Partners LLP (private investment) and GTECH (global gaming technology). Existing tenants include […]
Real Estate Investors has announced the acquisition of three properties located in the West Midlands for £22.23m. The acquisitions provide a net initial yield of 8.22% with a weighted average unexpired lease term (‘WAULT’) of 8.49 years. The properties produce a total annual rental income of £1,932,995 and the company says that there are a […]
Custodian REIT has announced that it has acquired the ground floor and part of the first floor of a leisure development in Abbey Sands, Torquay (pictured). The investment comprises four food and drink outlets on the seafront, close to the marina and town centre, let to Le Bistro Pierre Limited, Las Iguanas Limited, Loungers Limited […]
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