The total return on the net assets of Temple Bar in 2016 was 20.4% which compares with a total return of the UK market of 16.8%. There have been three interim dividend payments during the year each of 8.09p per share and the directors are now recommending a final dividend payment for the year ended […]
SEGRO says its EPRA NAV per share up was 8.0 per cent to 500 pence over the course of 2016. They say this was driven by a 4.8 per cent like-for-like increase in the value of the portfolio, reflecting development gains, UK rental growth and asset management activities. The 4.8% increase comprises a 4.5 per […]
Alpha Real Trust holds 18.7% of the share capital of Industrial Multi Property Trust (IMPT), and also holds GBP10.3 million of unsecured subordinated debt (value as of 30 September 2016). The directors of Alpha Real Trust wish to inform shareholders that they have not been consulted regarding the offer for IMPT by Hansteen and believe it […]
McKay Securities PLC has exchanged contracts for the unconditional disposal of the freehold of its remaining interest at Pinehurst Park, in central Farnborough to Pinehurst Investments Ltd (a subsidiary of Shaviram Developments Ltd), for GBP5.88 million. The purchaser has paid a GBP1.00 million non-returnable deposit, and McKay will retain income through to completion on 28(th) […]
SQN Asset Finance Income Fund (SQN) has announced its interim results for the year ended 31 December 2016. During the period, the company’s ordinary share NAV decreased by 0.01% but the ordinary shares are paying a monthly dividend equivalent to 7.25% of NAV annually and, in October 2016, the c-shares achieved a level of income […]
B.P. Marsh and Partners has acquired, through a newly established company Paladin NewCo Limited, an effective 35% shareholding in CBC UK Limited. CBC is a Retail and Wholesale Lloyd’s Insurance Broker, offering a wide range of services to commercial and personal clients as well as broking solutions to intermediaries. For the year ending 31(st) December […]
Witan Investment Trust has announced the appointment of GQG Partners, LLC as a manager of a segregated emerging markets portfolio for Witan, with an initial allocation of GBP70m, approximately 4% of the Company’s net assets. GQG Partners LLC is an independent, employee-owned investment boutique formed in June of 2016 by Rajiv Jain. As of 31st […]
Epiris is pleased to announce that its portfolio company AXIO Group has sold OAG, the global leader in aviation information and intelligence, to funds managed by Vitruvian Partners for approximately $215 million. This is the fifth major realisation from AXIO’s portfolio. Electra Private Equity PLC has received proceeds from AXIO of GBP104 million*, an uplift […]
Infrastructure India says that Distribution Logistics Infrastructure Limited (“DLI”) has, along with the wider logistics sector in India, experienced a dramatic deceleration of cargo movements in the immediate aftermath of the Government of India’s announcement of demonetisation and official withdrawal of certain high value currency denomination notes from circulation. India is an overwhelmingly cash economy […]
Herald Investment Trust has announced its annual results for the year ended 31 December 2016. During the year, the Trust’s NAV increased by 22.8% to 1,083.2p per share, whilst the share price increased by 18.4%. This reflected a widening of the discount, over the year, from 15.5% to 18.5%. The Trust says that during the […]
