Big Yellow says its adjusted net asset value at the end of September 2016 was 594.1 pence per share, up 4% from 569.1 pence per share at 31 March 2016. The Group made an adjusted profit before tax in the period of GBP27.0 million, up 13% from GBP23.9 million for the same period last year. […]
Schroder Income Growth Fund has published its annual financial report for the year ended 31 August 2016. A total return of 8.4% for the net asset value compared unfavourably to a total return of 11.7% for the FTSE All-Share Index. The share price produced a negative total return for the year of 0.8%, reflecting a widening in […]
Schroder Oriental Income says that, over the year ended 31 August 2016, the net asset value produced a total return of 32.1%, the share price produced a total return of 32.8% and the dividend has increased for the 10th year in a row. Revenue earnings per share for the year increased by 3.4% to 9.03 […]
EP Global Opportunities has announced that, further to the foreign exchange hedging announcements made on 30 June 2016 and 2 August 2016, in relation to its investments in Japanese equities, it has entered into a foreign currency forward contract that effectively removes the hedging of the Japanese Yen exposure back to Sterling, detailed in the previous […]
BACIT has announced its interim results for the six months ended 30 September 2016. During the period, the company’s NAV total return was 4.82%, thereby underperforming the FTSE All-Share Index, which returned 12.85%. Reflecting a widening of the discount during the period, the company’s share price fell by 4.2%. The trust’s chairman, Jeremy Tigue, says […]
NextEnergy Solar Fund has announced that has signed an agreement to acquire the Kentishes solar plant, which is located at Stisted, Braintree, Essex. The company says that the 5 MWp plant is nearing the end of construction and is set to be accredited under 1.2 Renewable Obligation Certificate regime qualifying for the significant investment grace […]
Assura reports 3.1% growth in diluted EPRA NAV per share to 47.2 pence over the six months ended 30 September 2016. EPRA EPS, which excludes the net impact of valuation movements and gains on disposal, was 1.2 pence (2015: 0.9 pence). The quarterly dividend will rise by 9% to 0.6p from January 2017. They are reporting […]
Over the six months to the end of September 2016 Templeton Emerging Markets returned 29.6% in NAV terms, well ahead of the 21.7% return posted by its benchmark, the MSCI Emerging Markets Index. The largest contributions to performance came from Buenaventura, ADR (up 108.4%, added 2.0% to NAV), Banco Bradesco, ADR (up 49.8%, added 0.7% to NAV), M. Dias Branco (up 143.1%, added 0.7% […]
Over the six months ended 30 September 2016, Sequoia Economic Infrastructure’s NAV has increased from 97.04p to 101.29p, largely as a result of interest income net of expenses of 2.64p, an increase of 2.70p in asset valuations and a gain of 1.91p in FX movements net of hedging movements, reduced by dividends of 3p. The share price has risen […]
A strategic review of European Real Estate Investment Trust has taken place between the manager and the board. Following the sale of the Panrico assets on 28 July 2016, La Gaude in Nice is their last remaining property and needs to be sold as soon as practicable to ensure the liquidation process can be completed. […]
