Fair Oaks Income Fund has announced that the commitment period of the Master Fund, in which it is invested, ended on 12 June 2016. Reflecting this, the board says that it intends to continue to pay eleven monthly dividends of 0.7 US cents per share and a twelfth interim dividend, “representing an amount in aggregate […]
Infrastructure India has announced that it has completed the sale of its entire 26 per cent interest in Western MP Infrastructure & Toll Roads Private Limited. The transaction was originally announced on 8 April 2016 and completed on 28 June 2016. Western MP Infrastructure & Toll Roads operates a 125km toll road in the central […]
Better Capital PCC has announced its final results for both its 2009 cell and 2012 cell for the year ended 31 March 2016. The company says that the 2009 Cell made good progress during the year and that this was mainly driven by Gardner’s sustained solid performance. It also says that the disposal of Santia, […]
Industrial Multi Property Trust (IMPT) has published the text of a letter it is sending to its shareholders to update them regarding the proposals the company has received from J Stocks. Rather than cut and paste it, we have attached a pdf of the announcement here. 20160623 Industrial Multi Property – RNS About IMPT IMPT (formerly Alpha UK […]
F&C Global Smaller Companies, chaired by Anthony Townsend (pictured), has announced its annual results for the year ended 30 April 2016. During the period, the trust provided an NAV total return of 3.5% beating its benchmark (a 70%/30% blend of the MSCI All Country World ex UK Small Cap Index and Numis UK Smaller Companies Index), […]
City Merchants High Yield Trust has announced that Rhys Davies (pictured) has been promoted to portfolio manager with effect from 14 June 2016. Rhys has been deputy portfolio manager of the trust since 2 June 2014, having joined Invesco in 2002. He will co-manage the trust’s portfolio alongside Paul Causer and Paul Read. Invesco’s Rhys […]
Seneca Global Income & Growth Trust has announced that it has submitted a blocklisting application for 3,989,636 new ordinary shares (10% of the trust’s existing share capital). The trust says that block listing will be used for the purposes of operating its discount (and premium) control mechanism policy, details of which were announced on 10 […]
Starwood European Real Estate Finance has announced that it has committed to a €31.2m five year floating rate whole loan to support the acquisition of a portfolio of fully let prime logistics assets in Dublin. The Loan has an initial drawdown of €17.6m with the remaining €13.6m to be advanced in conjunction with the deferred […]
New India Investment Trust has announced its annual results for the year ended 31 March 2016. During the year the trust provided an NAV total return of -6.1% and, reflecting a widening of the discount during the period (from 8.7% to 13.5%), a share price total return of -11.0% (all in sterling terms). This compares […]
SEGRO has announced that it has transferred a portfolio big box warehouses and development land into its SELP joint Venture (SELP or the SEGRO European Logistics Partnership is a 50:50 joint venture between SEGRO and a Canadian Pension Fund) for €89.4m. SEGRO’s strategy is to hold Continental European big box warehouses and development land primarily […]
