Perpetual Income & Growth underperformed its benchmark over the six months ended 30 September 2016, returning 4.8% against a return of 12.9% for the UK market. The share price increased by 2.4%, rising from 375.6p to 384.5p per share, with the discount to NAV per share narrowing marginally from 5.1% to 4.7% over the same […]
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. […]
New India has announced its interim results for the six months ended 30 September 2016. During the period, the trust’s NAV per share increased by 21.5% to 439.98p while the Ordinary share price also gained by 21.5% to reach 380.75p. By comparison, the trust says that its benchmark MSCI India Index increased by 21.6% and […]
Alpha Real Trust, talking about the six month period ended 30 September 2016 (which was a difficult one for many property companies), reports: Its NAV per share rose to 151.9p from 137.9p on 31 March 2016, an increase of 10.1% Adjusted earnings per share of 3.9p for the six months ended 30 September 2016 (3.0p: six months ended […]
CATCo Reinsurance Opportunities has announced that, following its announcement, on the 14 November, of the unaudited net asset value of the Company’s Ordinary Shares and C Shares as at the close of business on 31 October 2016, the Company notes that its ordinary Shares and C Shares were trading at a 0.25% discount and a […]
Over the six months to 31 October 2016 Personal Assets Trust’s net asset value per share rose by 7.5% to GBP394.85. Its share price rose by GBP24.50 to GBP397.00 over the same period, being a premium of 0.5% to the Company’s NAV at that date. They are paying quarterly dividends of 140p per share. At the end of the […]
GCP Infrastructure Investments has announced a placing of new Ordinary Shares under its placing programme. The Placing will seek to raise gross proceeds of approximately £60 million in accordance with the prospectus. The company says that the placing is being effected to allow it to take advantage of a number of attractive investment opportunities in […]
Great Portland’s EPRA NAV has slipped by 4% over the six months ended 30 September 2016 to 813p. Total net assets at the end of the period were £2,827m. EPRA profit before tax of GBP28.3 million, was up 16.5% on H1 2015. this translated into a 20.3% increase in EPRA earnings per share to 8.3p. The interim dividend […]
