Apax Global Alpha (APAX) has announced its annual results for the year ended 31 December 2016. The company says that performance was largely flat during the first six months but improved during H2 2016 resulting in a NAV total return of 6.6% (after expenses) for the year as a whole. The Private Equity and Derived […]
FastForward Innovations Limited, has today subscribed C$3 million for an approximate 4.7 per cent. equity interest in Nuuvera Corp., a Canadian incorporated private company focused on medicinal marijuana opportunities. FFWD has subscribed as part of a C$43.65 million fundraise that Nuuvera has now closed. Nuuvera is a newly incorporated Canadian company that has been incorporated […]
Pacific Industrial & Logistics REIT completed the acquisition of a site on Bruntcliffe Way, Morley, Leeds on 6 March 2017 for a total consideration of GBP6.05m, representing a net initial yield of 8.3%. This site, along with the Park Road, Chesterfield logistics acquisition announced on 20 January 2017, have been mortgaged under terms agreed with the […]
Tritax Big Box REIT (BBOX) has announced its annual results for the year ended 31 December 2016. During the period, BBOX’s EPRA net asset value per share increased by 3.46% or 4.71% on a like-for-like basis to 129p (2015: 124.68 pence), whilst its EPRA NAV total return was 9.6% (BBOX’s medium-term target is 9% per […]
HgCapital Trust has announced its annual results for the year ended 31 December 2016. During the period, the Trust provided an NAV total return of 19% and a share price total return of 43%, which it says compares to return on the benchmark of 16.8%. The Trust says that the increase in VA is primarily […]
3i has announced that it completed the sale of 3i Debt Management to Investcorp. The transaction generates total cash proceeds to 3i of £270 million, of which £34 million relates to the repayment of loans provided to 3i Debt Management to fund two CLO warehouses, and an exceptional profit on disposal of £47 million, which […]
Blackstone / GSO Loan Financing has announced the result of its placing of Euro ordinary shares, which were issued under its placing programme. The Placing raised €72.8m (before costs and expenses) through the issue of 71,380,746 new Euro ordinary shares at a price of €1.02 per share. The Placing price represents a premium of approximately […]
Sirius Real Estate’s shares have been admitted to the premium segment of the London Stock Exchange’ main market for listed securities and have transferred from the Alt-X market of the Johannesburg Stock Exchange to its Main Board. SRE’s board expect this to have a number of benefits including: a more appropriate platform for the continued […]
BP Marsh & Partners has announced details of a share buyback policy. The company says that it is its ‘custom and intention, when the share price drops to more than 25% below its published Net Asset Value, to buy small parcels of shares and place them into Treasury and decide at a later point what […]
Empiric Student Property has announced that it has agreed a new unsecured term loan facility of £10 million with First Commercial Bank Limited. The Facility is available to draw down in full over the next 12 months. It is repayable three years from the date of agreement with an all-in cost of 2.15% per annum. […]
