British Land (BLND) has announced that, following confirmation in May that planning has been secured at Canada Water, it has now completed the drawdown of the 500-year headlease with Southwark Council. In addition to this, it has signed its first pre-let with new higher education enterprise, TEDI-London, which has chosen to locate its new campus […]
AEW UK REIT (AEWU) has announced that it has unconditionally exchanged contracts to sell Sandford House, Homer Road, Solihull for £10.5 million. The sale is due to complete on 1 February 2021 and the Company will receive income from the asset until this date. Subsequent to this, the Investment Manager intends to reinvest sale proceeds on behalf […]
Schroder Real Estate Investment Trust (SREI) has announced that it has completed the acquisition of Stanley Green Trading Estate together with an adjoining development site in Cheadle, South Manchester, for a total consideration of £17.25 million, reflecting a blended net initial yield of 5.2%. This is in line with the strategy to selectively deploy available […]
River & Mercantile UK Micro Cap (RMMC) has announced its annual results for the year ended 30 September 2020, during which its manager, George Ensor, says that there has been one recent development which has been particularly supportive of the Company’s outperformance; the outperformance of UK smaller company equities when compared to the wider UK […]
BBGI Global Infrastructure (BBGI) has announced that, further to its announcement of 17 November 2020, it has now completed its acquisition of a 25% equity interest in Signature on the Saint-Lawrence Group, the operator of the Samuel De Champlain Bridge Corridor in Montreal, Quebec, Canada. Completion of the Acquisition follows the Government of Canada’s consent […]
HgCapital Trust (HGT), has announced that it has, alongside other institutional clients of Hg, made an investment in Geomatikk Group, which it describes as a tech-enabled services champion, managing critical ‘check-before-you-dig’ safety assessments to network owners, contractors and consulting engineers within Norway, Sweden and Finland. Hg says that it will support Geomatikk with its extensive […]
In QuotedData’s morning briefing 18 December 2020: Ecofin U.S. Renewables Infrastructure Trust has announced that its IPO has raised gross proceeds of $125 million. Commitments under the Placing and applications under the Offer for Subscription have been satisfied in full at the Issue Price of $1.00 per Ordinary Share. It is expected that Admission will become […]
The Scottish Investment Trust (SCIN) has announced its annual results for the year to 31 October 2020, during which it has notched up its 37th consecutive year of dividend increase (an increase of 1.8% to 23.2p per share). During the year, SCIN provided share price and NAV total returns of -12.0% and -10.6% respectively, which […]
Schroder AsiaPacific (SDP) has announced its annual results for the year ended 30 September 2020, during which it beat its benchmark by a significant margin and has secured a cut in fees. During the year, SDP provided NAV and share price total returns of 17.7% and 19.7% respectively, both of which are markedly ahead of […]
Irish Residential Properties REIT (IRES) has announced that it has executed contracts with Flynn & O’Flaherty Construction for the acquisition of 146 residential units located in The Phoenix Park Racecourse, Castleknock, Dublin 15. The total purchase price is €60 million (including VAT but excluding other transaction costs). IRES expects to complete the acquisition in January […]
