Baker Steel Resources Trust has announced that it has acquired a further 5.4% interest in Norwegian Copper company, Nussir ASA (Nussir), to add to the 9.8% of Nussir it already holds, for a consideration of £625k. The company says that the consideration has been satisfied through the issue to the vendors of 1,561,822 new ordinary […]
Mucklow (A & J) has announced its annual results for the year ended 30 June 2016. During the year, the company’s EPRA earnings per share increased by 7.5% to 23.88p (2015: 22.21p) whilst its EPRA NAV per share increased by 4.4% to 446p (2015: 427p). The period also saw the companies underlying pre-tax profit increase […]
Oakley Capital Investments (OCIL) has announced that Oakley Capital Private Equity II2 (Fund II) has sold a controlling stake in PARSHIP ELITE Group, a leading online dating service in the German-speaking world, to ProSiebenSat.1 Media SE. The transaction reportedly values the business at €300m and OCIL says that this represents a return of 3.6x MM […]
Foresight Solar Fund has announced a proposed placing of up to 28,152,143 of its ordinary shares, which it currently holds in treasury. The company says that its manager has identified an attractive 200MW pipeline of assets which will support the growth of the Company over the next 12 months and that the net proceeds of […]
Blackstone / GSO Loan Financing has announced that it is increasing its target dividend to €0.10 per share from €0.08 per share. The company says that, in line with its stated investment strategy, it has originated 9 CLOs since launch and retained majority interests in the income notes in each of them. As at 29 […]
Vietnam Enterprise Investments has announced that, having satisfied the required eligibility criteria during the September 2016 review, it will be added to the FTSE Small Cap/All-Share Index. The company’s inclusion will be effective as of 19 September 2016. The company says that, since listing on the Main Market of the London Stock Exchange on 5 […]
Target Healthcare REIT has announced that it has acquired Kingsmead House, a care home in Mytchett, near Camberley, Surrey, for £6.5m including acquisition costs. The company says that Kingsmead House (pictured) is a modern, purpose built care home that was completed in 2015 and offers luxurious accommodation with bedrooms looking onto peaceful landscaped gardens. Kingsmead […]
Empiric Student Property (Empiric) has announced that it has entered into a forward funding arrangement, with Linford CZero Ltd, to develop a 185 bedroom scheme, The Emporium, in central Birmingham for a total investment of £19.53m. The scheme is expected to be delivered in spring 2018, in time for the 2018/19 academic year and is […]
Empiric Student Property has announced that it has acquired the freehold of a 79 bed student accommodation property, Pavilion Court (pictured), in Canterbury, for £9.2m (excluding acquisition costs). The property, which is the company’s first acquisition in Canterbury, comprises 79 beds in a mix of studios and one, two, three and four-bed apartments. It was […]
Baillie Gifford Japan Trust, which has a tiered fee structure, has announced that, with effect from 1 September 2016, a third stepped tier has been introduced at £250m of net assets. Under the revised arrangements, the annual management fee payable to the Company’s Investment Managers and Secretaries, Baillie Gifford & Co Limited, will be as […]
