Caledonia Investments has announced that it has reduced its holding in Cobehold SA (Cobehold) from 8.7% to 5.4%, realising €58.2m. As a result of a forward foreign exchange contract previously put in place to hedge the proceeds from the anticipated sale, Caledonia says it will receive £50.6m. Cobehold is the holding company of Cobepa SA, […]
Globalworth Real Estate Investments has announced that it has acquired Building “C” of the Green Court Bucharest campus, developed by the Swedish group Skanska, for a gross transaction value of approximately €38m. The acquisition is expected to close in the third quarter of this year. Green Court Bucharest Located to the north of Bucharest in […]
HgCapital Trust has announced that it and other institutional clients of HgCapital will re-invest in Visma Group Holdings (Visma), which it describes as a leading provider of mission-critical business software to SMBs in the Nordic region. The transaction follows a decision by KKR to sell its holding in the group. HgCapital, the trust’s manager, is […]
Sale of Land at International Healthcare Park Aseana Properties has announced that its 72.35% owned subsidiary, Hoa Lam-Shangri-la Healthcare (HLSL), has completed the sale of a plot of 1.23 hectares of land at International Healthcare Park (IHP), in Ho Chi Minh City, Vietnam. The sale, to Tien Phat Consultancy, has been achieved through the sale of […]
Blackstone / GSO Loan Financing (BGLF) has announced that it intends to apply to the UK Listing Authority (UKLA) for admission of the Company’s shares to a premium listing on the Official List and to the LSE for trading of the Company’s shares on the Premium Segment of the Main Market of the LSE. At […]
Picton Property Income (Picton) has announced that it has extended one of its revolving credit facilities (RCF) with Santander Corporate and Commercial Banking. Picton has two revolving credit facilities, one of which expires in 2018 and the other in 2021. The 2018 facility has now been extended and will expire at the same time as […]
NextEnergy Solar Fund (NESF) has announced the results of its placing. It says that the level of confirmed demand was significantly in excess of the original targeted fundraising of £100m and that due to the substantial oversubscription, the Board, after consulting the Investment Manager, has elected to exercise its right to increase the size of […]
LXi REIT has announced that it has completed the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located in Kent, West Sussex and Gloucestershire. The purchase price for the Portfolio is £3.2 million, reflecting a net initial yield of 6.0% (net of acquisition costs to the Company). Lxi REIT […]
BlackRock Greater Europe has announced that it has been informed that Vincent Devlin, co-portfolio manager of the Company, will be stepping down as portfolio manager. Stefan Gries, a senior Director within the BlackRock’s European Active Equity team has been appointed co-portfolio manager alongside Sam Vecht, who retains principal responsibility for the Company’s emerging European portfolio. […]
Supermarket Income REIT has announced its intention to launch an initial public offering of its shares on the specialist fund segment of the main market of the London Stock Exchange. Seeking to raise up £200m Supermarket Income REIT is seeking to raise up to £200 million by way of a placing and offer for subscription. […]
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