Investment Company News

28 Jul 2016

FastForward invests in Moon Active

Fast Forward Innovations Limited has announced that it has acquired 5.9 per cent. of the issued shares (on a fully diluted basis) of Israel-based private company Moon Active Ltd.,  a developer of social multi-player casual games. The acquisition was of Moon Active shares (the “Subscription Shares”) at a price of US$22.78 per Subscription Share for total […]

28 Jul 2016

Primary Healthcare Properties’ dividend rises again

Primary Healthcare Properties says, over the six months ended 30 June 2016, total shareholder NAV return for the period was 5.2625 pence per share or 6.0%, including dividends paid in the period. Its EPRA Net Asset Value per share increased by 3.1% to 90.4 pence (31 December 2015: 87.7 pence). EPRA Earnings increased by 27.3% to […]

26 Jul 2016

Duke Royalty getting closer to first transactions

Duke Royalty has published results for the year ended 31 March 2016. Over the financial year, Duke Royalty generated a loss after taxation of GBP4.0 million, comprised of GBP1.1 million of cash items and GBP2.9 million of non-cash items (primarily reflecting losses on disposals of investment interests from the previous investment strategy). At the year end […]

26 Jul 2016

P2P cuts fees on leveraged assets

Tucked away in P2P Global’s latest factsheet is an announcement that P2P will amend its fee structure. Currently, the investment manager charges a fee based on a percentage of gross assets (such percentage not to exceed 1.0 per cent). With effect from the June 2016 NAV, the investment manager has decided to waive a portion […]

26 Jul 2016

SEGRO focuses on developments

SEGRO has announced results for the six months ended 30 June 2016. Its EPRA NAV per share is up 2.6 per cent to 475 pence, driven by a 1.9 per cent increase in the value of the portfolio, due primarily to development gains and active asset management. Adjusted EPS is up 6.5 per cent to […]

25 Jul 2016

Hammerson beats industry benchmark in H1

Hammerson reports that, for the first six months of 2016, its EPRA net asset value rose by 2.4% to 727p. Adjusted EPS grew by 0.7p or 5.1% to 14.3p. The interim dividend was increased by 6.3% to 10.1p. Their properties produced a return of 2.9%, 0.5% ahead of the industry benchmark. Within this, their French […]

25 Jul 2016

Brunner considering increasing overseas exposure

Brunner has announced interims covering the six months ended 31 May 2015. The Net Asset Value per ordinary share of the company increased by 2.6% on a total return basis, outperforming the benchmark (50% FTSE All-Share, 50% FTSE World Index (ex UK Sterling), by 0.4%. Earnings increased by 11.3% to 8.9p per ordinary share in the […]

25 Jul 2016

Temple Bar hit by Brexit

During the six month period to 30 June 2016 Temple Bar generated a net asset value total return of 3.8%, slightly underperforming the benchmark FTSE All Share total return of 4.3%. A notable feature of the period was the long awaited out-performance of larger companies relative to their smaller brethren; the FTSE 100 Index delivered […]

25 Jul 2016

MedicX buys primary healthcare centre in Dublin

MedicX Fund, the specialist primary care infrastructure investor in modern, purpose-built, primary healthcare properties in the United Kingdom and Ireland, is pleased to announce that it has contracted to acquire, by way of forward funding, a new primary healthcare medical centre in Rialto, a suburb of Dublin. The property is due to be completed in […]