HarbourVest has made a statement to the effect that it notes that despite the Board of SVG Capital stating on 3 October 2016 that it would be in a position to update Shareholders as to its discussions with other parties by this morning, no announcement has been made. This came out at 13:14 today. SVG […]
In the twelve months ending 30 June 2016, JPEL Private Equity’s NAV per US$ Equity Share increased by $0.15 or 11.8% to $1.42, however, JPEL’s US$ Equity Share price declined 3.6% during the fiscal year from $1.00 to $0.97. Subsequent to the period, JPEL’s US$ Equity Share price increased from $0.97 to $1.04 on 29 […]
The Board of SVG Capital notes the speculation around the identity of a unit of Goldman Sachs and the Canadian Pension Plan Investment Board (“CPPIB”) as consortium members linked to a possible alternative transaction for SVG Capital plc. As announced on 16 September, 2016, the Board was in discussions with a number of parties who […]
International Public Partnerships Limited has announced a further investment in the US military housing sector. This additional investment marks the continued growth of its investment portfolio in the United States. The Company has invested approximately US$32.0 million (GBP24.6 million) into further interest-bearing subordinated debt instruments. The tranche of interests now being acquired are secured on the […]
On 29 September 2016 Dolphin Capital signed a binding agreement to sell its 49.75% stake in Aristo Developers Ltd (“Aristo”) to Mr. Theodoros Aristodemou for a EUR45 million cash consideration. This represents a 70% discount to the carrying value as at 31 December 2015 on a pro-forma basis reflecting Aristo’s debt restructuring agreed with Bank […]
City Natural Resources has published results for the year ended 30 June 2016. At 30 June 2016 your Company’s net asset value stood at 127.4 pence per share, giving a net asset value total return for the year of 10.7 per cent. The benchmark index returned 14.2 per cent. The Company’s ordinary share price total […]
Marwyn Value Investors reports that, over the six months ended 30 June 2016, its NAV decreased by 29.4p to GBP2.0978, a fall of 12.29%, representing a -9.95% total return assuming dividend reinvestment, compared with an increase in value of the FTSE All-Share of 2.07% over the same period. The reduction in NAV per ordinary share over […]
Following disappointing performance in the previous financial year, the Board of Dunedin Income & Growth were pleased to report an improvement during the six month period ended 31 July 2016, with strong absolute and relative returns. The Company’s net asset value increased by 15.6% on a total return basis, comparing favourably with a total return […]
Custodian REIT has announced the acquisition of a GBP26.75 million portfolio of properties. The portfolio comprises 10 light industrial sites spread throughout the UK with a current passing rent of GBP2.21 million reflecting a net initial yield of 7.86%, with an expected reversionary yield of 8.03%. The portfolio’s weighted average unexpired lease term (“WAULT”) is 5.4 […]
Jupiter Dividend & Growth reports that its total assets less current liabilities fell by 5.7 per cent. to GBP50,884,000 during the six months to 30 June 2016. By comparison, the benchmark index, the FTSE All-Share Index, rose by 2.1 per cent. (in capital terms) during the same period. The Net Asset Value of the Common shares decreased […]
