Tritax EuroBox (EBOX) has announced that it has completed re-gearing the lease at its property in Bornem, with Alcon-Couvreur NV, which it describes as one of the world’s leading eye care companies. The Bornem property is in a prime logistics location near Antwerp in Belgium. It is a well specified facility that was acquired by EBOX as part of […]
Target Healthcare REIT (THRL) has announced a placing of new ordinary shares, that is targeting gross proceeds of approximately £50 million, under its existing Placing Programme. The offer price is 110.5 pence per share, which represents a 6.2% discount to the closing price of 117.8p per existing ordinary share on 4 September 2019 and a premium of 2.8% […]
Hg, the Manager of HgCapital Trust, has announced that Register Group is being sold to team.blu. However, the trust will continue to have some exposure as the trust is also invested in team.blue, in parallel with other institutional clients of Hg, through its investment in the Hg Genesis 8 Fund. Hg describes Register Group as […]
Gabelli Value Plus+ Trust (GVP) announced on 31 July 2019, that it was proposing to undertake a tender offer for up to approximately 14.99 per cent. of its issued share capital. It also announced that it would amend the existing continuation vote provisions and propose a continuation vote every two years, commencing from the 2020 […]
US Solar Fund has announced it has closed the acquisition and financing of 100% of the cash equity interests in the 128MW Milford Solar Project. Construction is expected to begin immediately with full commercial operations expected before the end of 2020. The Company first announced the acquisition on 23 July 2019, however detailed disclosure was subject […]
In QuotedData’s other news 2 September 2019 – Ecofin Global Utilities and Infrastructure has announced that Stifel Nicolaus Europe Limited has been appointed as its sole Corporate Broker with immediate effect. St Peter Port Capital has announced that it proposes to terminate its discretionary investment management agreement with St Peter Port Investment Management Limited and become a […]
Woodford Patient Capital Trust (WPCT) has announced the appointment of Jane Tufnell as an independent non-executive director with immediate effect. Jane will also become a member of the Audit, Risk and Valuation and Management Engagement Committees. Jane has considerable investment trust and fund management experience, including a number of board and non-executive roles. She has […]
LXi REIT (LXI) has announced a number of acquisitions for a combined total investment of approximately £55 million. All are long-let and index linked, and the purchase price reflects a weighted average net initial acquisition yield of 5.70%. The company says that this compares favourably to its latest portfolio valuation yield of 5.13% as at […]
Sequoia Economic Infrastructure Income (SEQI) has announced a proposed placing of up to 125,000,000 new ordinary shares.. The placing price is to be announced separately on or around 13 September 2019, alongside the Company’s unaudited NAV as at 30 August 2019. Stifel Nicolaus Europe Limited (“Stifel”) is acting as financial adviser and sole bookrunner to […]
Hipgnosis Songs Fund Limited has announced that it has signed a Revolving Credit Facility (RCF) of £65 million from JPMorgan Chase Bank (as Lead Arranger). The RCF will be available for three years and the Company may request an increase in the RCF commitment by a further £35 million subject to certain conditions. Hipgnosis says […]
