Baring Emerging Europe has announced proposals to return capital to shareholders through a tender offer of up to 10 per cent. of the issued share capital of the Company at a 2.5 per cent. discount to net asset value per share as at 24 January 2017. The Company is also proposing a change of its […]
F&C Global Smaller Companies has announced its interim results for the half-year ended 31 October 2016. During the period, the company has provided an NAV total return of 18.0% and a share price total return of 17.4%. The returns are modestly below that of the company’s benchmark index, which is calculated from the returns of […]
Invesco Asia Trust has announced its interim results for the six months ended 31 October 2016. During the period, the company provided NAV and share price total returns of 33.6% and 37.1% respectively. In both cases outperforming the company’s benchmark index, the MSCI AC Asia ex Japan Index, which the company says returned 32.1%. The […]
GCP Infrastructure Investments has announced its annual results for the year ended 03 September 2016. During the year, the company says it provided a share price total return of 15.6% and a total return since its IPO of 91.1%. Profit for the year was £54.4m, an increase of 11.7% year-on-year (2015: £48.7m), and the company […]
Highcroft Investments has announced that it has agreed the sale of its freehold interest in its property at High Street, Staines to private investors. It is expected that contracts will be completed within two months. The property comprises three retail units with offices and storage on the first floor and planning consent was recently obtained […]
International Public Partnerships Limited (INPP) has announced that it is part of the Quad Gas Group consortium that has agreed to acquire a 61% interest in National Grid’s gas distribution network (GDN). The Company says that it expects to invest up to £275 million, with the remaining risk capital funded by the other consortium partners […]
Tritax Big Box REIT has announced that it has completed the land purchase and exchanged contracts to provide forward funding for the development of a new distribution facility at Prologis Park, Fradley, Staffordshire. The development is pre-let to Screwfix Direct Ltd, whose ultimate parent is Kingfisher Plc The development represents an investment of £52.7 million, […]
Bluefield Solar Income Fund has announced announce that it has entered into binding agreements to acquire five new build sub-5 megawatt peak ground-mounted solar photovoltaic plants. The projects are being acquired for a total consideration of £22.7m, including transaction costs and working capital. The company says that each plant is expected to become operational before […]
Oakley Capital Investments Limited has announced that it has been informed that Cinven has reached an agreement to sell Host Europe Group, the largest privately owned hosting provider in Europe, to GoDaddy Inc, which it says is the world’s largest cloud platform dedicated to small independent ventures. Oakley Capital Private Equity II took a minority […]
Sequoia Economic Infrastructure Income Fund has announced the results of its recent placing, which took place under its placing programme. The company was targeting a placing of in excess of £40m and, under the terms of its placing programme, has the authority to issue up to a maximum of 120m shares. The company says that […]
