Henderson European Focus Trust has announced its interim results for the six months ended 31 March 2016. During the period, the company provided an NAV total return of 6.3%, thereby mildly underperforming its benchmark, the FTSE World Europe ex UK Index, which returned 6.7%. In contrast to this, and reflecting a widening discount during the […]
Following the release of its interim results, 3i Infrastructure has announced the launch of £350m capital raising, by way of an open offer, placing and intermediaries offer. The company says that the proceeds to be used to fund the completion of its investments in Wireless Infrastructure Group and TCR, totalling approximately £230m, and to make […]
Macau Property Opportunities has announced that the Land, Public Works and Transport Bureau of Macau has granted an urban condition plan for the Company’s retail redevelopment project located in the Senado Square district of Macau. Senado Square is Macau Property Opportunities’ flagship retail development project. The company says that the project is well-located in Macau’s […]
JZ Capital Partners has announced its annual results for the year ended 29 February 2016. The period was a busy one for the company during which it undertook an equity placing as well as a rollover of a zero dividend preference share. During the period, the company reports absolute total NAV growth of 20.7% to $851.7m. […]
John Laing Infrastructure Fund has announced that it has entered into an agreement with Acsa, Obras e Infraestructuras, S.A.U., a member of the Sorigué group, to acquire an additional 13.5% interest in the Barcelona Metro Stations Line 9 Section II project (pictured). JLIF’s existing 40% interest in Section II was acquired in January 2016 from […]
Baring Emerging Europe, managed by Matthias Siller (pictured), has announced its interim results for the six months ended 31 March 2016. During the period, it provided an NAV total return of 18.2% beating its MSCI EM Europe 10/40 benchmark index, which returned 14.3%. The share price total return was 12.2%, slightly underperforming the benchmark, which reflects a […]
Standard Life Investments Property Income Trust has announced that it has entered into an agreement to extend £145m of its existing £155m debt facility with The Royal Bank of Scotland. The debt facility consists of a £110m 7 year term loan and a £35 million 5 year revolving credit facility. The Revolving Credit Facility may, […]
Candover Investments has announced the partial realisation of its investment in leisure park operator, Parques Reunidos, which is managed by Arle Capital Partners Limited. The company says that the partial realisation follows the initial public offering of Parques. In the IPO of Parques, Candover will sell 7.7% of its interest in the company for net […]
NextEnergy Solar Fund has provided an update for the year ended 31 March 2016, through which it has announced that it is moving to paying quarterly dividends. Going forward, the Company will now pay dividends to shareholders on a quarterly basis, starting from the first quarter of the Company’s current financial year (the year ending […]
Empiric Student Property has announced that it has acquired a site, on a 199 year lease, and entered into a forward funding arrangement in relation to a development in Portsmouth, known as Europa House (pictured). The company say that the project comprises a 242 bed redevelopment to create a new premium student accommodation scheme, for […]
