Growth better than Income for JPMorgan Elect- JPMorgan Elect has released its annual report for the year ending 31st August 2018. The Managed Growth portfolio delivered a total return on net asset value of 13.6% which outperformed the benchmark which returned 8.1% an out performance of the benchmark by 5.5%. For the year end 31st […]
Urban Logistics buys site in Bedford- The site was purchased from 3M Products Limited for total consideration of £17.1 million. The property is located at Hudson Road, Bedford. The land consists of a development site and a building with a total of 20.1 million acres of land. The building is 183,883 sq ft and is […]
JZ Capital announces tender offer- JZ Capital has announced that they will be buying back 50 million dollars of their own shares and then cancelling them. They will be buying them back at a price no wider than a 5 per cent of NAV (current NAV per share is $9.82). The proposed offer is still […]
Ranger Direct Lending says a Trustee appointed to Princeton bankruptcy – Ranger Direct Lending has announced that a chapter 11 Trustee has been appointed to Princeton’s bankruptcy case. Previously announced by Ranger Direct Lending (RDL) , and reported by us in a previous news posts (click here to view more). Ranger is currently in the […]
Tritax EuroBox buys logistics warehouse near Bochum- Tritax Eurobox has announced today that they have acquired a prime, new modern logistics warehouse near Bochum, in the Rhine-Ruhr region of Germany (which they describe as a core established logistics area). Tritax has divided the 36,400 sqm building into four units with eaves height of 12 metres. […]
Target Healthcare REIT buys in Oxford and Sevenoaks- the value of the two development sites is £37 million (including transaction costs and future development work). The rest of Target Healthcare’s remaining uncommitted capital is fully deployed. The remaining development will be funded under capped development contracts. The two projects are located in Cumnor Hill, Oxford […]