NB Distressed Debt has announced its intention to cancel the listing of it shares on the Channel Islands Stock Exchange (CISE). The Company’s Shares are currently admitted to the SFS (Specialist Fund Section) of the London Stock Exchange’s Main Market and are also listed on the CISE. The Board says that one of the key […]
Small Companies Dividend Trust has announced its annual results for the year ended 30 April 2016. During the year, the Trust’s NAV per ordinary share increased by 8.44% whilst its ordinary share price increased by 17.41%. Total dividends for the year are 9.1p per ordinary share including a special dividend of 1.6p. During the same […]
John Laing Infrastructure Fund has announce that, in accordance with the agreement that it announced on the 5 May 2016, it has now completed the acquisition of an additional 13.5% interest in the Barcelona Metro Stations Line 9 Section II project (pictured) and a 13.5% interest in the Barcelona Metro Stations Line 9 Section IV […]
JPMorgan Brazil has announced its final results for the year ended 30 April 2016. During the period, the trust provided and NAV total return of minus 14.4%, underperforming the benchmark, the MSCI Brazil 10/40 Index which returned minus 10.9%. Over the year the Company’s share price discount widened from 6.4% to 10.6% and, reflecting this, […]
Funding Circle SME Income Fund has announced the results of its recent placing. 14,285,000 ordinary shares were placed at a price of £1.0153, raising gross proceeds of £14,503,561. The new shares are expected to be admitted to the LSE’s main market on 25 July 2016. The company says that two of the investors who participated […]
Allianz Technology Trust has announced its interim results for the six months ended 31 May 2016. During the period the Trust’s NAV fell by 1.5% to 665.1p and its share price fell by 5.4% to 598.0p, both of which underperformed the trust’s benchmark, the Dow Jones World Technology Index, which increased by 2.7%. The discount […]
Empiric Student Property has announced that it has agreed a new £32.8m loan facility with AIB Group (UK). The Facility, which is secured against a portfolio of five forward funded assets, is a development loan which will be drawn down in agreed stages. The practical completion of all five forward funded assets expected by July […]
Hammerson has announced that it has exchanged contracts for the sale of Manor Walks Shopping Centre, Cramlington, Northumberland to Arch Commercial Enterprise Ltd for £78m. Manor Walks adjoins Westmorland Retail Park and the two schemes form the core retail offer for Cramlington town centre situated nine miles north of Newcastle. Hammerson says that, further to […]
Drum Income Plus REIT (DRIP REIT) has announced that it has acquired 3 Lochside Way, Edinburgh Park, for £4.5m. It says that the property is a 24,000 square foot Grade A office building, prominently situated, on Central Scotland’s premier business park with Lockheed Martin, Exception and GL Industrial Services as key tenants. The company says […]
Hansteen has announced that it has acquired 66.7% of the share capital of Ashtenne Industrial Fund (General Partner) Limited from Norwich Union (Shareholder GP) Limited for £0.12 million in cash. Hansteen say that the net assets of the General Partner, at 31 December 2015, were £0.17 m and the profits for the year ended 31 […]
