BBGI SICAV has announced its interim results for the six months ended 30 June 2016. During the period, the company’s NAV increased by 8.7% to £521.78m, whilst its NAV per share increased by 8.3% t0 120.8p. The company’s final dividend of 3.0p per share for 2015 resulted in a total payment for the year of […]
Picton Property Income (Picton) has announced that the disposal of one of its City of London office assets, Boundary House, Jewry Street, EC3 completed on 30 August 2016. The disposal proceeds were £27.8m, which the company says is in line with the June 2016 valuation, and will be used to reduce its debt (Picton’s zero […]
During the first half of 2016, Blue Capital Global Reinsurance’s net asset value decreased by approximately 0.2 per cent. excluding the impact of dividends declared. The NAV moved from US$1.1217 at 31 December 2015 to US$1.0871 per share. Most of the portfolio has been allocated to U.S. wind-related risks, for which the premiums are earned between July […]
EP Global Opportunities Trust, managed by Dr . Sandy Nairn (pictured), has announced its interim results for the six months ended 30 June 2016. During the period, which the trust’s chairman, Teddy Tulloch, describes as being a volatile one for global equity markets, the trust’s NAV per share increased by 5.6%, whilst its share price increased […]
LXB Retail Properties has reported that on 25 August 2016 it exchanged contracts for the sale of its investment at B&Q, Greenwich to a private investor based in the UK. The property is currently let to B&Q Plc until 23 June 2024 at a current rental of GBP2,244,000 per annum. The sale is conditional on […]
During the six month period ended 30 June 2016, Carador Income Fund generated a total NAV return of 2.68%. The NAV started the year at US$0.7231 and ended the first half at US$0.6908, a 4.47% decline, although they also paid a total of $0.0475 per share in dividends over the period. The shares closed the first half of 2016 […]
Target Healthcare REIT Limited has announced that it has completed the acquisition of two modern, purpose built care homes located in Dundee, Scotland and Sandiacre, Derbyshire for approximately GBP14.0 million including acquisition costs. The properties comprise a total of 151 bedrooms with full en-suite bathrooms including wetrooms and opened in 2007 and 2015. A refurbishment […]
F&C Private Equity says that, as at 30 June 2016 the Company’s net asset value was GBP232.2 million giving a NAV per share of 314.08p. Taking into account last year’s final dividend of 5.83p per share paid on 31 May 2016 the NAV total return for the first half of the year was 8.2 per […]
The first six months of 2016 was a disappointing period for investors in P2P Global Investments as its share price fell from 1007p to 850p. They paid a total dividend of 25.2p per ordinary share during the period and delivered a NAV return of 2.37%. The Board recognises that investment returns in the first half of […]
Fair Oaks Income Fund says its NAV was down 0.3% over the first six months of 2016 but the share price generated a disappointing 11.3% return. Although the NAV outperformed the JP Morgan B rated CLO Index (-7.7%), it underperformed the US bank loan and high yield indices (+4.2% and +9.3% respectively). July saw a strong recovery in […]
