HSTN : Hansteen Holdings sees strong growth in profitability during the first half of 2014 Hansteen Holdings recent interims report strong profit growth during the six months to 30 June 2014. Normalised income profit per share increased 31.0% to 3.8p (2.9p for the first half of 2013) whilst normalised total profit increased by 59.1% to £35.0 […]
CIFU : Carador Income Fund provides modest returns during H1 2014 Carador Income Fund provided a total return of 3.67% during the first half of 2014. This comprised a fall in NAV of 2.12% during the period (from US$0.9466 to US$0.9265 per share) combined with dividends of US$0.0540 per share. CIFU’s shares closed the first half of 2014 at […]
BLND : British Land add Next and Marks & Spencer Simply Food as tenants at Wheatley Retail Park (pictured) British Land has announced that it has agreed terms with Next, and Marks & Spencer Simply Food, for two new units at the Wheatley Retail Park in Doncaster. Next, already a tenant at Wheatley, is taking a larger unit (23,518 […]
PHP : Primary Health Properties acquires health centres in Kidderminster, South Petherton and Crewkerne Primary Health Properties has announced the acquisition of three modern, purpose built, health centres for £14.3m. The properties are Hume Street Medical Centre in Kidderminster (Pictured – 2,387 square metres with GP practices and apharmacy as tenants), South Petherton Medical Centre (916 […]
MXF : MedicX Fund raises £50m through private loan note placement MedicX Fund has announced that it has raised £50m through the private placement of a loan note with a single institutional buyer. The loan notes mature in August 2019 and have an all-in interest rate fixed at 3.80%. The notes are secured against certain properties. £15 million of […]
VNH : Vietnam Holding posts strong performance on the back of rising equities market and buy backs Vietnam Holding‘s recent full year results (for the year ended 30 June 2014) report a 25% rise in NAV. Buybacks, during the period, had an accretive effect on NAV but, after adjusting for these, the company reports a rise […]
SIHL : Symphony International Holdings benefits from performance of Minor International and IHH Healthcare Symphony International Holding’s recent interims report an 11.7% rise in its NAV during the first half of 2014 (from US$1.1759 to US$1.3131). This is primarily due to strong price performance of its holdings in IHH Healthcare and Minor International. These added US$ 9.8m and US$ […]
ESP : Empiric Student Property acquires Edge Apartments, in Selly Oak, Birmingham, for £8.9m Empiric Student Property has announced that it has acquired Edge Apartments (pictured), in Selly Oak, Birmingham, for £8.94m. Edge Apartments is a purpose built, 77 bed, student accommodation property which also benefits from rental income from a Sainsbury’s store (which is […]
IIP : Infrastructure India has raised £61m (us$102) from Barnet Holdings Infrastructure India has announced that it has placed 337,607,041 new 1p ordinary shares at 18p (a 24% premium above the mid-market closing price of 14.5p on the 14th July) raising £61m (US$ 102m) before expenses. In accordance with a subscription agreement, announced on 20 August 2014, Barnet Holdings Limited has subscribed […]
ELTA : Electra Private Equity sees advances from Sherborne move up a gear Electra Private Equity has announced that it has received a requisition request from Sherborne Investors GP, LLC requiring Electra’s directors to call a general meeting of the Company’s shareholders. The objective is to consider resolutions that 1) Mr. Edward Bramson (of Sherborne Investment Management) […]
