Empiric Student Property has entered into three forward funding arrangements with a Leicester-based property company to develop a total of 170 beds in Leicester across three properties for an aggregate investment of GBP15.975 million. 134 New Walk and 140-142 New Walk are located immediately to the west and east, respectively, of the Group’s recently acquired standing […]
Hansa says its net asset value produced a total return of c. 17% over the six months ended 30 September 2016 in comparison to a total return of c. 2% from its benchmark. The ordinary shares rose 20.2% and the A ordinary shares by 13.0%, after the payment of an 8.0p dividend paid in May. They point […]
Troy Income & Growth delivered a total return on net assets of 14.7% and a share price total return of 14.8% for the year ended 30 September 2016. By contrast, the return on the UK market was 16.8%. The fourth interim dividend of 0.625p represented a 4.2% increase on the dividend of 0.6p paid each […]
Sirius Real Estate says the six month period to 30 September 2016 has been a good one. The adjusted net asset value per share increased by 4.3 per cent to 55.62c. Total income increased by 25.9 per cent to EUR32.6 million and this led to adjusted earnings per share of 2.01c per share, up from 1.25c. A 1.39c interim dividend has […]
Worldwide Healthcare says its net asset value total return was +21.2% over the six months ended 30 September, outperforming the benchmark, the MSCI World Health Care Index measured on a net total return, sterling adjusted basis, which returned +17.3%. The share price, with a total return of +24.4%, also outperformed the benchmark over this period. The discount as at 30 September […]
In the six months to 30th September 2016 JPMorgan European’s Growth portfolio has seen its NAV rise by 12.9% on a total return basis, against a benchmark (MSCI Europe ex UK Index) which rose by 13.2%. For the Income portfolio, the NAV rose by 13.0% on a total return basis. The increases in the Company’s […]
The Board of Directors of London & St Lawrence Investment Company has decided to undertake a strategic review with regard to the company’s future. Once that review has concluded, they will make a further announcement of the conclusions reached. London & St Lawrence has been managed by three generations of the Ashfield family. It sits […]
Lindsell Train says it has continued to make good progress in the first six months of the current financial year. Its net asset value per share (adjusted to take into account the payment of the dividend in September) was up 24.5% compared to a rise in the benchmark of 2.0% and in the MSCI World […]
The Board of UK Mortgages and TwentyFour Asset Management say that the TwentyFour portfolio management team remain fully engaged on a number of prospective opportunities with the aim of fully investing the Company’s capital in as timely a manner as possible. The Board is confident that current opportunities under discussion will lead to the remaining cash […]
Invesco Income Growth reports that the total return on net asset value over the half year to 30 September 2016 was 9.1%, it was a little behind their benchmark, which returned 12.9%. Nonetheless the share price’s total return was better, at 11.6%, thanks to the narrowing of the discount. The Board is declaring a second interim dividend of […]