Investment Company News

28 Sep 2016

Summit Germany sees improvement in profitability

Summit Germany has announced its interim results for the six months ended 30 June 2016. During the period, the company’s EPRA increased by 1.2% to €432.6m (31 December 2015: €427.5m). In terms of the company’s financial performance, net rental income increased by 31% to €28.9m (first half of 2015: €22.1m, full year 2015: €49.6m), whilst […]

28 Sep 2016

P2P completes securitisation of Zopa loans

P2P Global Investments has confirmed that it has completed the first  securitisation of consumer loans originated via a marketplace platform in the EMEA region. The securitisation is backed by UK consumer loans originated via the Zopa platform. The bonds were rated by Moody’s and Fitch Ratings, and given the ratings of Aa3/AA- on the most senior […]

28 Sep 2016

Livermore NAV rises as CLO portfolio performs well

Livermore Investments has published its interim results covering the six months ended 30 June 2016. The NAV of the Group as of 30 June 2016 was USD 0.86 per share, up from USD 0.77 per share at 31 December 2015. The Group generated net income of USD 6.18m (30 June 2015: USD 1.96m), which represents […]

28 Sep 2016

Tritax Big Box REIT announces fund raise targeting £150m

Tritax Big Box REIT has announced details of a placing, open offer and offer for subscription of new ordinary shares, in aggregate equalling up to 113,636,364 new shares, at a price of 132 pence per new share. The target size for the fund raising is £150m and the issue price represents a discount of 7.1% […]

28 Sep 2016

Private Equity Investor to delist from the London Stock Exchange

Private Equity Investor has announced that it has made applications to the FCA to remove the listing of its shares from the Official List and to the London Stock Exchange to cancel trading in its shares on the London Stock Exchange’s market for listed securities. Private Equity Investor also says that, in connection with the […]

28 Sep 2016

Kennedy Wilson Europe Real Estate launches £100m share buyback programme

Kennedy Wilson Europe Real Estate has announced that it is launching a share buyback programme. The company says that the programme will involve the immediate launch of on-market purchases of ordinary shares in the Company, for a maximum aggregate purchase price of £100 million, and shares bought back under the programme will be cancelled. The […]

28 Sep 2016

Genesis Emerging rules out dividends for now

Genesis Emerging Markets has published its results for the year ended 30 June 2016. The MSCI Emerging Markets (TR) Index fell 11.7% in US dollar terms over the year. However, for UK investors the dramatic weakening of sterling against the US dollar during the weeks around the EU referendum meant that in sterling terms the […]

28 Sep 2016

Blackstone/GSO Loan Financing working on ninth CLO

Blackstone/GSO Loan Financing has published interim results for the six months ended 30 June 2016. The Board says it is pleased with a positive Net Asset Value total return of 7.75% for the period from 1 January 2016 to 30 June 2016. During the period covered by this Half Yearly Financial Report, the company targeted a […]

27 Sep 2016

John Laing Environmental buys French wind farm

John Laing Environmental is pleased to announce that it has entered into an agreement with Energiequelle GmbH (“Energiequelle”) to acquire 100% of the Energie Eolienne de Plouguernevel wind farm.  Following the acquisition of Parc Éolien Le Placis Vert wind farm earlier this year, this is the second project John Laing Environmental is acquiring from Energiequelle. The consideration […]