Intu says its NAV (adjusted and diluted) barely changed (up to 405p from 404p) and like-for-like net rental income increased by 7.5 per cent in the first six months of 2016, reflecting increased occupancy, improving rental levels from new lettings and rent reviews and the benefits of unit reconfigurations. They signed 98 long-term leases (82 in the […]
Custodian REIT has sold a 22,317 sq ft hotel on Castlegate Business and Leisure Park, Dudley for GBP4.45 million, GBP0.34 million ahead of the 31 March 2016 valuation. The property is let to Premier Inn Hotels Limited on a lease expiring in 2038. The property was part of the initial portfolio acquired on the Company’s admission […]
Invesco Perpetual Select has published its annual report for the year that ended on 31 May 2016. The NAV total return of the UK Equity Portfolio over the year was -1.4%, which compares with the total return of -6.3% posted by the FTSE All-Share Index. The NAV total return of the Global Equity Income Portfolio over […]
Fidelity Japanese Values says the NAV of the company increased by 15.1% in sterling terms over the six months to 30 June 2016, outperforming the Russell Nomura Mid/Small Cap Index, which gained by 7.0% during the same period, and performing in line with the peer group, which achieved a 15% uplift. The excess return generated […]
Henderson High Income says, during the challenging six months to 30 June 2016, the Company delivered a net asset value total return of -0.65%, underperforming the benchmark total return of 4.87% for the same period. The premium at which the Company’s shares traded to their net asset value narrowed and fell to a discount of […]
JZ Capital Partners Limited has closed an investment in Oncology Services International, Inc., its third investment through the Jordan Health Products platform. Jordan Health Products was formed in 2015 by Jordan Industries International, LLC and JZ Capital Partners to develop and execute a strategic build-up in the highly fragmented US healthcare equipment market. JZ Capital Partners invested $4.529 million in […]
LMS Capital has announced proposals to change its investment policy and to return up to GBP6 million to Shareholders through a tender offer and repurchase of up to 7.72% of the issued share capital of the Company at a 5 per cent. discount to its net asset value per share as at 30 June 2016. If the […]
Seneca Global Income & Growth has announced that it has put in place an extension of GBP4 million to its existing rolling debt facility making the total facility available GBP11 million. This extension to the facility is on similar commercial terms to the facility announced on 2 November 2015 and the margin on the total […]
HgCapital, the Manager of HgCapital Trust, has announced that it has agreed the sale of SFC KOENIG, a Switzerland-based, leading provider of high-quality, sealing and flow control technology, to IDEX, a producer of highly engineered fluidics systems and components in the USA. Completion is subject to, amongst other things, regulatory approval. The Trust will realise […]
F&C Managed Portfolio reports that, for the company’s financial year to 31 May 2016, the NAV total return (i.e. adding dividends paid to capital performance) was -4.8% for the Income shares and -4.5% for the Growth shares which represented outperformance against the -6.3% total return for the FTSE All-Share Index, the benchmark index for both […]
