NextEnergy adds two plants – NextEnergy Solar Fund Limited has announced the acquisition of two operating solar plants totalling 21.7MWp with an investment value of GBP26.4m Since IPO in 2014, NextEnergy Solar has now secured a portfolio of 50 solar PV assets with a total capacity of 505MWp and a total investment value of GBP581m. NextEnergy […]
Macau Property Opportunities escapes worst of Typhoon Hato – Macau Property Opportunities Fund Limited announces that the Company’s portfolio of properties has suffered minimal damage resulting from Typhoon Hato which caused widespread disruption and flooding in Macau on Wednesday. The company is fully insured for typhoon risk. The Manager has instructed the commencement of repair […]
Starwood European proposes changes to DCM and management agreement – The board of directors has announced proposals that relate to the discount-triggered realisation mechanism and realisation vote currently provided for in the Articles ), amendments to the investment management agreement with Starwood European Finance Partners Limited and the replacement of the existing carried interest entitlement […]
Greencoat UK Wind buys Corriegarth wind farm – Greencoat UK Wind PLC has acquired Corriegarth Wind Farm from Invenergy Renewables LLC for a total consideration of approximately GBP181 million. Corriegarth is located approximately 20 miles south west of Inverness on the eastern side of Loch Ness, and has a capacity of 69.5MW. Corriegarth was developed […]
Juridica shares leap on news of 8p dividend – Juridica has published interim results for the six months ended 30 June 2017. The NAV has barely moved – up 0.48 cents to 25.89 cents – but the company has announced an 8p dividend and the shares are up 65% at the time of writing. The secrecy […]
Africa Opportunity tidies up share structure – The Board of Africa Opportunity Fund Limited has announced the creation and issue of Contingent Value Rights to holders of its Existing Ordinary Shares (details of which are set out below) and conversion of the outstanding C Shares into New Ordinary Shares. Africa Opportunity issued 29,200,000 C Shares […]
Hg Capital sells Sequel – HgCapital, the Manager of HgCapital Trust plc, has announced that it has sold Sequel Business Solutions, a provider of software and services to the Lloyd’s of London and the broader insurance markets, to Verisk Analytics (Nasdaq: VRSK), a leading data analytics provider serving customers in property/casualty insurance, natural resources, and […]
Shaftesbury buys Berwick Street development – Shaftesbury PLC, the Real Estate Investment Trust which owns a 14 1/2 acre portfolio in London’s West End, announces that it has entered in to a contract with PMB Holdings Limited to acquire a long-leasehold interest in 90-104 Berwick Street, Soho, London W1 at a price of GBP38.5 million. […]
LXi buys Motorpoint car showroom – The Board of LXi REIT has announced that the company has acquired the Motorpoint car showroom in Burnley, Lancashire. The purchase price for the Property is GBP5.7 million, reflecting a net initial yield of 6.5% (net of acquisition costs), which is expected to rise to over 7.0% following next […]
LXi buys long let supported living portfolio – LXi REIT has completed the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located in Essex and Somerset. The purchase price for this portfolio is GBP9.2 million, reflecting a net initial yield of 6.0% (net of acquisition costs to the company). Each […]
