In QuotedData’s other news 7 January 2020 Standard Life Investments Property Income Trust (SLIPIT) has completed the sale of a single let office building in Staines. The 26,300 square foot building was sold for a net price of £10.7m, reflecting an equivalent yield of 5.7%. The property had recently been relet after SLIPIT took a surrender […]
Triple Point Social Housing adds 4 supported living properties – Triple Point Social Housing (SOHO) has completed the acquisition of 4 supported housing properties, totalling 41 units in total, for around £6.3m (excluding costs). The properties are located in Yorkshire (35 units) and the East of England (6 units). The company has entered into new full […]
Hipgnosis Songs (SONG) has acquired a music catalogue from Tom DeLonge, an American musician, singer, songwriter, producer, and co-founder of one of the millennium’s most popular bands, Blink-182. SONG has acquired 100% of Tom DeLonge’s copyrights on this catalogue which consists of 157 songs. Tom DeLonge achieved great success as guitarist and vocalist of pop punk […]
In QuotedData’s other news 6 January 2020 – Global-focused Witan (WTAN) Witan has introduced a revised performance benchmark with effect from January 2020. The benchmark is now 15% UK equities and 85% Global equities. The effective UK benchmark weight will be approximately 19% since, in addition to the specified 15% in the UK, the global […]
Urban Logistics REIT (SHED) has provided an update on its pipeline of acquisitions. SHED says that its manager, Pacific Capital Partners Limited, has significant experience in sourcing quality properties off-market with opportunities for significant value creation. It constantly reviews the market for potential investment opportunities and has identified a large pipeline of high-quality logistics properties […]
Sirius Real Estate (SRE), which operates business parks providing conventional and flexible workspace across Germany, has completed the acquisition of two business parks for total of €33.4m. The company has bought Neuss II, a business park near Düsseldorf, and Neuruppin business park, in the Brandenburg region, reflecting an aggregate EPRA net initial yield of 6.8%. […]
Riverstone Energy (RSE) is amending its performance allocation arrangements, as follows: Portfolio level cost benchmark: A performance allocation will only be distributed in respect of a realised investment if, at the time of the realisation of the relevant investment, the aggregate of the fair market value of all of the company’s then unrealised investments and […]
Augmentum Fintech (AUGM), the fintech-focused trust, has made a £7.5m investment in Receipt Bank, the UK-headquartered digital bookkeeping platform. AUGM’s investment is part of Receipt Bank’s £55m series C fundraising, led by Insight Partners, with participation from exisiting investors Kennet Partners and Canadian Imperial Bank of Commerce (CIBC). Receipt Bank one of the 50 fastest […]
In QuotedData’s other news 2 January 2020 – Infrastructure India (IIP) announced that Tim Walker, a non-executive director of the company, will step down from the Board on 31 March 2020. We also have news of a completed battery-only investment by Gresham House Energy Storage and portfolio announcements by Regional REIT and CLS Holdings.
In QuotedData’s other news 16 December 2019 – Gresham House Energy Storage (GRID) acquired two operational battery storage facilities totalling 50MW from VLC Energy, a joint venture between Low Carbon and VPI Immingham a subsidiary of Vitol Group, for £29.2 million. The facilities comprise a 40MW facility at Glassenbury, Kent, and a 10MW facility at […]
