VinaLand Limited and Vinacapital Vietnam Opportunity have announced that they are divesting their stakes in Project Pham Hung. The project, acquired by VNL and VOF in 2007, is a 2.4 hectare parcel of land located in Hanoi and has planning approval for a future mixed use development. VNL will dispose of its entire stake at a total valuation 0.2% […]
Personal Assets has announced results for the year ended 30 April 2016. Over the year to 30 April 2016 Personal Assets ‘s net asset value per share rose by 5.0%. This compares to a fall of 9.0% in the FTSE All-Share Index. Personal Assets ‘s share price rose by GBP21.80 or 6.2% during the year and at 30 […]
Fidelity China Special Situations has published results for the year ended 31 March 2016. For the year under review, the company’s NAV total return increased by 0.02% while the share price total return fell by 4.53%. The Benchmark Index, MSCI China, fell by 16.17%. The Board recommends a dividend of 1.80 pence (2015: 1.30 pence) per share for the year […]
Schroder European Real Estate has confirmed completion of the purchase of a convenience retail property located in Rodelheim (Frankfurt) at a purchase price of EUR11.05 million reflecting a net initial yield of 5.6%. The investment is well located in a growing inner urban area of Frankfurt am Main and is anchored by a 1,600 sqm Lidl supermarket […]
Schroder UK Mid Cap has published results for the six months ended 31 March 2016. The company’s net asset value produced a total return of 3.0%, compared to a total return of 2.2% for the company’s benchmark, the FTSE 250 (ex Investment Companies) Index. However the performance of the company’s share price disappointed during the period, […]
The Board of Industrial Multi Property Trust notes a press comment today and announces that it has received an unsolicited proposal from a third party to acquire the entire property portfolio of the Company by way of a sale and purchase agreement. The Board considers that the Proposal undervalued the Company’s assets significantly and therefore has […]
Dunedin Enterprise Investment Trust has, through the Dunedin Buyout Fund III, invested GBP4.2 million in Kingsbridge Risk Solutions. Dunedin Enterprise will have an interest of 13.0% in Kingsbridge. Founded by the current CEO Steve Wynne in 2001, Kingsbridge is the UK’s market-leading provider of insurance services that are tailored to meet the needs of contractors, freelancers […]
Over the year to 31 March 2016, LondonMetric Property’s EPRA NAV increased from 140.6 to 1467.7. EPRA earnings increased from £40.9m to £48.5m which equates to an earnings per share increase from 6.6p to 7.8p. The dividend has been increased to 7.25p from 7.0p. They are implementing a policy of paying quarterly dividends the first […]
Capital Gearing Trust says, as at 5 April 2016, the net asset value per share was 3,382p compared to 3,297p a year earlier. Although an increase across the year of 2.6% might be seen as modest, this achievement is more creditable when measured against, for example, the decline in the FTSE All-Share Index of 9.3% […]
Aberdeen Japan has announced results for the year ended 31 March 2016, over the year, the net asset value returned -6.2%, compared to the benchmark Topix return of -1.7%, in sterling terms. They say this 4.5% NAV underperformance is largely due to a loss on the currency hedge almost all of which came in the first quarter […]
