MedicX Fund has announced that it has acquired a new primary healthcare centre, in Brynhyfryd, Swansea, by way of forward funding. The property is due to be completed in January 2017 and will be let to a GP practice, the Abertawe Bro Mogannwg University Health Board and a pharmacist. The company says that all leases […]
Following an announcement on 18 November 2015, from Juridica Investments, that it would no longer make new investments and would be conducting a review of its cost structure, its board have now announced amendments to its fee structure and measures that the company says will reduce its fixed costs going forward. The board says that, […]
GLI Finance has announced that, following its previous announcement on 21 December 2015 regarding the development of a strategic relationship with the Somerston Group of companies, that it has agreed binding terms with Golf Investments (a newly formed special purpose vehicle that is part of the Somerston Group). Somerston will be providing finance to GLI […]
TwentyFour Income Fund has announced a placing, offer for subscription, open offer and placing programme of new ordinary shares and an opportunity for shareholders to elect to realise some or all of their investment in the Company. A prospectus has been published providing details of the issue. TwentyFour Income Fund Limited was launched on 6 […]
HgCapital, the manager of HgCapital Trust, has announced that it has made a majority investment in Kinapse, a global provider of advisory, capability building and operational services to the life sciences industry, headquartered in London. HgCapital Trust will invest in Kinapse alongside other institutional clients of HgCapital, who will participate through the HgCapital 7 Fund. […]
Ediston Property Investment Company has announced that it has acquired the Citygate building (pictured), a modern office building in Newcastle, for £18.95m (net of acquisition costs). The company says that the purchase reflects a net initial yield of 6.57% and will be funded from a combination of cash resources and an increase of £12.42m in […]
Henderson Global Trust, chaired by Richard Hills (pictured), has announced that it has been undertaking a strategic review of the trust and, after consultation with its advisers, the board has concluded that certain shareholders would prefer access to a global income strategy in the current market environment while others may wish to retain exposure to a […]
Oakley Capital Investments has provided a trading update for the 12 months ended 31 December 2015. The company says that its NAV per share (unaudited) is expected to be in the range of £1.98 – £2.00, which represents an increase of approximately 9% on the end of June 2015 figure. Oakley Capital Investments invests alongside […]
VietNam Holding has announced its interim results for the six months ended 31 December 2015. During the period, the company’s NAV rose 6.6% and its share price rose 6.4% both beating the Vietnam All Share Index, which fell 2.6%. The discount widened modestly during the period from 13.0% to 14.1% but the board say that […]
VPC Specialty Lending, chaired by Andrew Adcock (pictured) has announced that over 90 % of the net proceeds from its existing C share issue (admitted to trading on 2 October 2015) have now been invested and, reflecting this, the Board anticipates that the conversion will take place on 4 March 2016. The new ordinary shares, arising from […]
