News

26 Nov 2015

LondonMetric NAV growth driven development activity and yield compression

LondonMetric Property has announced its interim results for the half-year ended 30 September 2015. During the period, the company’s EPRA NAV has increased by 4.3% to 146.6p per share (31 March 2015: 140.6p). The company says that Valuation gains have been driven by development activity and market yield compression. During the period, EPRA earnings have […]

26 Nov 2015

European Investment Trust has a difficult year

The European Investment Trust, managed by Edinburgh Partners, has released its annual results for the year ended 30 September 2015. The board describe the period as a more challenging one for investing in European equities, during which, the NAV per share of the trust fell by 7.3% from 800.41p to 742.20p. After taking account of dividends […]

26 Nov 2015

Cayenne election results are in!

The Cayenne Trust has announced the results of its rollover elections. F&C Managed Portfolio Trust was the rollover vehicle offered. 2,4787,999 Cayenne shares have elected to rollover into F&C Managed Portfolio Income shares, 1,751,028 Cayenne shares have elected to rollover into F&C Managed Portfolio Growth shares, whilst 15,153,737 Cayenne shares have opted for the cash […]

26 Nov 2015

Troy Income and Growth benefits from cyclical underweights

Troy Income and Growth Trust has announced its annual results for the year ended 30 September 2015. During the period, the company provided an NAV total return of 11.2% and a share price total return of +11.7%. Both of these are noticeably ahead of the total return performance of the FTSE All-Share Index of -2.3%.  […]

26 Nov 2015

NextEnergy Solar sees half-year generation 6% ahead of budget

NextEnergy Solar Fund has announced its half year results for the six months to 30 September 2015. During the period, its net assets grew by 16.2% from £248.4m to £289.0m, reflecting a fund raising £38.8m, whilst NAV per share increased by 0.7% from 103.3p on 31 March 2015 to 104.0p. At the end of the […]

26 Nov 2015

Aberdeen Private Equity returns weakened by strong US exposure

Aberdeen Private Equity Fund, managed by Alexander Barr (pictured), has announced its interim results for the six-months ended 30 September 2015 during which the company’s NAV per share fell by 1.6% to 125.37p although, including the 2.2p dividend paid in September 2015, the Sterling NAV total return to shareholders was +0.2%. The company says that positive performance […]

25 Nov 2015

Better Capital’s 2012 Cell posts 22.1% NAV decline during half-year

Better Capital PCC has announced its interim results for the six-months ended 30 September 2015 for both the 2009 Cell and the 2012 Cell. During the period the NAV for the 2009 Cell has increased by 0.7% to £264.2m whilst the NAV for the 2012 cell has fallen by 22.1% to £263.3m. The decline in […]

25 Nov 2015

Japan Residential received new approach at 73.5p

Japan Residential Investment Company (JRIC) has announced today that, following the announcement, on 13 November 2015, that Nikko III Pte. Ltd. and JRIC had reached agreement on the terms of a recommended cash offer by Nikko III Pte, for the entire issued and to be issued share capital of JRIC (at 72p in cash per […]

25 Nov 2015

Greencoat UK Wind raises £50m through institutional placing

Greencoat UK Wind has announced that its placing, by way of tap issuance to institutional investors, has raised Gross Placing Proceeds of £50m. As a result 46,115,906 new ordinary shares are to be issued at a price of 107.5p per share taking the total number of shares in issue to 507,967,051. The new shares are […]

25 Nov 2015

Primary Health Properties to fund Swindon medical centre

Primary Health Properties has announced that it has contracted to fund and acquire a purpose built medical centre to be developed in Swindon Town centre. The net consideration for the property will be £10.0m. The property comprises of circa 2,500m2 to be fully let to NHS Property Services Limited for a 20 year term from […]