The Board of Polar Capital Global Healthcare has announced that following initial consultation with shareholders it has been working with its advisers and its investment manager, Polar Capital, on options for the future of the company. Any such proposals would be expected to include the opportunity for shareholders to continue their exposure to the healthcare sector in […]
Dunedin Enterprise Investment Trust PLC has realised its investment in Steeper Holdings Limited the UK’s leading supplier of rehabilitation services including prosthetic, orthotic and electronic assistive devices and services. Capital and accrued interest in Steeper was valued at GBP3.9m as at 30 September 2016, the last published valuation. Total initial proceeds from the sale amounted […]
Foresight Solar Fund has completed its largest acquisition to date with the purchase of a 100% interest in a 50MW alternating current (“AC”) export capacity operational UK solar asset, representing 72MW of installed peak capacity. Shotwick solar farm, located in Flintshire, is the largest operational solar asset in the UK. It was connected to the Grid […]
Africa Opportunity has had a setback in its dispute over its investment in Shoprite. In their half yearly report for the six months ended 30 June 2016 it was reported that the arbitration proceedings between the Company and Shoprite Holdings Limited had commenced in August 2016 and it was anticipated that the arbitrator would deliver […]
BlackRock Commodities Income has posted a 51.9% return on net assets for the year ended 30 November 2016. The return to shareholders was 51.4%. Over the same period, the Euromoney Global Mining and MSCI World Energy indices increased by 85.5% and 28.8% respectively (all data in sterling terms with income reinvested). The dividend for the […]
Aberdeen Frontier Markets beat its benchmark over the second half of 2016, posting net asset value per share and share price total returns of 3.7% and 6.3%, respectively. This compared to a gain of 3.2% for the MSCI Frontier Markets Net Total Return Index. The chairman’s statement says managers in Vietnam, Argentina and Kazakhstan performed […]
CC Japan Income & Growth has published its first Annual Report which reflects the period from listing on the London Stock Exchange on 15th December 2015 to 31st October 2016. As at 31st October 2016, and measured in Sterling, the share price has risen by 22.4% while the Net Asset Value has increased by 23.9% since […]
The Board of intu properties plc (‘intu’) notes the recent press speculation regarding the potential acquisition of Xanadu shopping centre in Madrid. intu confirms it has entered into an exclusivity agreement with entities of the Ivanhoé Cambridge Group to acquire the centre. The transaction would be funded from a combination of bank financing and existing […]
ICG Longbow Senior Secured has redeployed its uninvested cash through the completion of a new GBP16.0 million loan to clients of BMO Real Estate Partners on 31 January 2017. The loan has a maturity date of April 2019 and is fully compliant with existing investment parameters as set out in the original Prospectus. The LTV of the loan […]
British Land has announced that, four months after launch, its office space at 7 Clarges Street, a 51,000 square foot prime commercial development in Mayfair, is now 83% let, having secured terms with Capula Investment Management, Quantum Pacific and Fortress Investment Group. Capula Investment Management will occupy 23,700 square foot across three floors whilst US-based […]
