Sequoia Economic Infrastructure Income Fund (SEQI) has announced its annual results for the year ended 31 March 2019, in which it says it is increasing its dividend target to 6.25p per share. The chairman, Robert Jennings, describes these as “another strong set of results for the year, underpinned by the continued portfolio performance. In light […]
Aberdeen Standard European Logistics Income(ASLI) has announced that it has published a circular, convening a general meeting, at which approval will be sought from shareholders for both a £100m equity fundraising and a 12-month share issuance programme. The fundraising is to be a placing, open offer and offer for subscription of 100 million Ordinary Shares, […]
Miton UK MicroCap (MINI) has an annual redemption facility through which shareholders are entitled to request the redemption of all or part of their holding. The trust announced on 3 June 2019 that it received valid redemption requests for 14,317,907 ordinary shares for the 28 June 2019 redemption point (representing 9.4% of the issued share […]
In QuotedData’s other news – 25 June 2019 Supermarket Income REIT (SUPR) has announce a 12-month extension of the maturity date of its £100 million Revolving Credit Facility with HSBC from 30 August 2020 to 30 August 2021. SUPR says that the original terms of the facility are unchanged, and the facility contains one further […]
Real Estate Credit Investments (RECI) has announced its annual results for the year ended 31 March 2019. The company has reported an increased year end NAV of £1.65 per Share, which it says builds upon the consistency of the previous four years. During the year, RECI provided total dividends of 12.0p per Share and […]
Sequoia Economic Infrastructure Income Fund (SEQI) has announced that, further to its announcement on 3 June 2019 that it was seeking to raise gross proceeds of £216 million by way of an Open Offer, Placing and Offer for Subscription, the Issue has been significantly oversubscribed. SEQI’s board say that investor demand for the Issue has […]
LXi REIT has announced that, following the completion of its £200m equity fundraising that was announced on 13 June, it has completed a number of acquisitions for a combined total investment of approximately £135 million. The company says that this reflects a weighted average net initial acquisition yield of 5.7% (net of acquisition costs). The […]
Securities Trust of Scotland (STS) has announced its annual results for the year ended 31 March 2019, in which it outperformed its peers. During the period, STS provided an NAV total return of 11.4% and a share price total return of 9.6%. The trust says that that these are ahead of the peer group median […]
Hipgnosis Songs Fund (SONG) has announced its maiden final results in which it says it has achieved a 6.1% gross yield. Specifically, the results cover the period from 8 June 2018 (SONG’s date of Incorporation) to 31 March 2019. SONG says that, “recognised net revenues from the Portfolio from incorporation on 8 June 2018 to […]
AEW UK REIT (AEWU) has announced its annual results for the year ended 31 March 2019, during which it achieved its target income returns of 8p per share. Dividends were fully covered by EPRA EPS of 8.07 pps. Mark says that this reflects the high yielding nature of the portfolio. . The chairman, Mark Burton, […]
