LMS Capital has announced that it has been informed by the general partner of the San Francisco Equity Partners Funds (SFEP Funds) that the funds have received cash proceeds from a partial realisation of holdings in YesTo and that the general partner intends shortly, to make a distribution. LMS Capital says that, whilst it not […]
Adamas Finance Asia has announced that, further to its previous announcement on 24 February 2017 in relation to the proposed disposal of its interest in the Tian Tong Shan Villa Project, the Company’s wholly owned subsidiary, Lead Winner Limited, has received a payment of HKD$52,353,176 (approximately US$6.8 million) in final settlement of the amount due […]
NewRiver REIT has announced the results of its capital raising, which was conducted as an accelerated book build. It says that subject to the necessary resolutions being passed at the General Meeting ,which is expected to be convened to be held on or around 4 July 2017, in aggregate, 67,164,179 New Ordinary Shares are to […]
Power price recovery boosts John Laing Environmental NAV – John Laing Environmental says its NAV at 31 March 2017 was 100.1p, up from 96.7p at 31 March 2016. They say that the increase in NAV per share was due primarily to the increase in both short-term electricity prices and forecasts for longer-term prices during the year […]
UK Commercial buys Sheffield office from Ediston – UK Commercial Property Trust has acquired a single let, Grade A office building in Sheffield, from Ediston Property Investment Company for GBP20,165,000, reflecting a net initial yield of 5%. The asset is let to Capita Business Services Limited, which is part of Capita plc, on a lease with […]
Custodian REIT buys Next distribution unit – the company has acquired a 69,922 sq ft distribution unit on Eurocentral, Scotland’s leading mixed-use business park on the M8 arterial route between Glasgow and Edinburgh. Nearby occupiers include DHL, Warburtons, Argos, Wincanton, Norbert Dentressangle and Morrisons. The unit is let to Next plc on a lease expiring […]
Ranger’s board makes some policy changes, manager commits to reinvesting part of fee and update on Princeton. Ranger Direct Lending Fund has been informed by Ranger Alternative Management II LLP (the “Investment Manager”) that it intends to utilise part of its management fee to acquire ordinary shares in the market in order to demonstrate its […]
Hg Capital sells Zitcom for £8.8m. HgCapital, the Manager of HgCapital Trust, has announced that it has sold Zitcom, a leading Danish hosting and cloud solutions provider operating in the SME segment, to Intelligent, a Belgian headquartered provider of hosting services. The terms of this transaction were not disclosed. The sale of Zitcom delivers a […]
Aberdeen New India Invest Trust (ANII) has announced its annual results for the year ended 31 March 2017. During the period, the company’s NAV per share rose by 34.7% to reach 487.9p. The ordinary share price rose by 40.9% to 441.5p. This reflected a narrowing of the discount to net asset value from 13.5% to […]
Seneca Global Income & Growth outperforms strongly Seneca Global Income & Growth Trust (SIGT) has announced its annual results for the year ended 30 April 2017. During the period, the trust provided an NAV total return of +19.6% and share price total return of +20.7%, both of which significantly outperformed its Libor+3% benchmark. The chairman’s […]
