Assura (AGR) has announced that it has completed the acquisition of primary care developer Apollo Capital Projects Development Limited (Apollo). AGR says that Apollo has a strong, 20-year track record of developing high-quality primary care properties across the UK, with a very experienced four-person development team. As well as expanding the Assura development team to […]
NewRiver REIT (NRR) has announced that its joint venture with BRAVO Strategies III LLC (BRAVO), in which it holds a 10% stake, has exchanged contracts to acquire The Moor, a 28 acre estate in Sheffield city centre. The estate is being acquired from CEP ASI UKPF Nominee 1 Limited and CEP ASI UKPF Nominee 2 […]
Civitas Social Housing (CSH) has announced that the Company has secured a new seven year term, interest only, loan facility of £84.55m from M&G Investment Management Limited, a new lender to the Company. The new facility is priced at 2.75% above a fixed rate set by reference to the LIBOR swap rate of the loan […]
Urban Logistics REIT (SHED) has announced the acquisition of six logistics assets for a total consideration of £27.8 million at a net initial yield of 6.87%. The acquisitions include the Kinaxia portfolio (four logistics assets purchased from Kinaxia Logistics), a logistics asset in Leigh and a logistics asset in Rotherham. The Kinaxia Portfolio On 17 […]
Jupiter UK Growth (JUKG) has issued a circular detailing its reconstruction and wind up proposals. This follows on from JUKG’s previous announcements in January that terms had been agreed with Brown Advisory Funds Plc for a rollover into the Sterling Class B Distribution Shares in Brown Advisory Global Leaders Fund, or, alternatively, shareholders could opt […]
In QuotedData’s morning briefing 19 February 2021: City of London has released its interim report for the six months ended 31 December 2020. During the period, it provided an NAV total return of 6.9% and a share price total return of 12.3%. These compare against returns from its All-Share Benchmark of 12.3%, the AIC UK Equity Income […]
Scottish American (SAIN)has announced its annual results for the year to 31 December 2020, during which it has outperformed global equities, driven by resilient operational performance of its investee companies. Some key take-aways from the report are as follows: Dividend – the full year dividend, including a recommended final dividend of 3.00p, is 12.00p per […]
Greencoat UK Wind (UKW) has announced a placing in which it is seeking to raise up to £198 million by way of a non-pre-emptive issuance to institutional investors at 131p per share. Proceeds from the Placing will be used to repay or reduce borrowings under UKW’s revolving credit facility to allow it to fund its pipeline […]
The Renewables Infrastructure Group (TRIG) has announced that it has acquired the Grönhult onshore wind farm in Sweden. Grönhult is a 67.2 MW ready-to-build onshore wind farm located in the southwest of Sweden. The Grönhult project is being acquired from Vattenfall, the leading Swedish utility and a major developer of renewables, who will also manage the […]
Apax Global Alpha (AGA) has announced that, on 11 February 2021, the Apax X Fund, in which AGA is a limited partner, announced that it has entered into a definitive agreement to acquire a majority stake of Herjavec Group (HG), a global Managed Security Services Provider (MSSP) and cyber operations leader. The transaction is expected […]
