Renewable Energy Generation has announced that it has completed the sale of its assets and will delisting from the London Stock Exchange on 5 January 2016. The last day of dealing in the company’s ordinary shares, on AIM, will be 4 January 2016. No more WIND – Renewable Energy Generation to delist in January : […]
Schroder European Real Estate Investment Trust has announce that it has exchanged contracts to purchase freehold office property located in Boulogne-Billancourt (Paris) for €37.5m. The purchase is the company’s first since its launch (the company listed on the London Stock Exchange on 9 December 2015) and the purchase price represents a net initial yield of […]
Schroder Real Estate Investment Trust has announced that has exchanged unconditional contracts to sell Technology House in Fleet (pictured) for £2.2m. This is a marked premium (83%) to an independent valuation of the property as at 30 September 2015 of £1.2 million. The trust says that the buyer has paid a non-refundable deposit of £220,000 […]
Drum Income Plus REIT has announced that it has exchange of contracts to purchase Lakeside 5500 (pictured), a multi-let office development, in Cheadle, Manchester, for £5.475m. the company says that key tenants Micron Europe Limited and Agilent Technologies LDA UK Limited and that the purchase price reflects a yield of 7.82%. Drum Income Plus REIT […]
Hansteen has announced that it has acquired a further 31.6m units in the Ashtenne Industrial Fund for £15.4m in cash, reflecting a price of 0.4869 pence per unit. The price represents an effective 5% discount to Hansteen’s carrying value for the Fund as at 30 June 2015. This acquisition represents 5.3% of the units of […]
Hg Capital Trust has announced that its manager, Hg Capital, has made investments in Zitcom and ScanNet, two leading Danish hosting and cloud solutions providers. The terms of the transactions were not disclosed. Hg Capital Trust will invest in Zitcom and ScanNet, alongside other institutional clients of Hg Capital, who will participate through the Mercury […]
Custodian REIT has announced that it has acquired the Phoenix Leisure Park, Crewe (pictured), which comprises four freehold units occupied by Pizza Hut, Mecca Bingo, Odeon Cinemas and MFA Bowl. The park, which is near Grand Junction Retail Park and within walking distance of the town centre and railway station, covers 55,713 sq ft. The […]
GLI Finance has announced this morning that, in light of feedback received as part of the marketing of the 2020 ZDP Shares to investors, the board has decided to cancel the Placing and Open Offer of 2020 ZDP Shares. Furthermore, the Board has decided that it will not be progressing with the issue of the […]
Following the sale of its property portfolio to Kildare Partners (announced in June 2015) Invesco Property Income has, as anticipated, delisted from the London Stock Exchange. The company is in wind-up and all of the proceeds from the sale were to be used to pay back the company’s lenders. Invesco Property Income Trust was a property […]
Trusts investing in peer-to-peer (P2P) lending have attracted £1.4 billion of assets since last spring, but the collapse of Europe’s only listed lending platform, TrustBuddy, has unnerved investors, allowing discounts to open up. http://view.ceros.com/citywire/nma-it-insider-december-2015/p/15
