Chenavari Capital Solutions has announced that it has re-invested approximately £3.5m in a repeat transaction replacing an exposure that recently matured in its portfolio. The transaction is a first loss exposure to SME and corporate loans extended by a large Swiss bank. The company says that this loan portfolio is “very granular” with over 1,500 […]
Target Healthcare REIT has announced that it has acquired Summerfield House, a care home in Halifax, West Yorkshire, for approximately £7.2m including acquisition costs. It says that Summerfield House is a modern purpose-built facility, with 106 beds over three floors, which was opened in 2011. The company also says that the home is situated in […]
Standard Life European Private Equity Trust has announced its interim results for the six-months ended 31 March 2016. During the period, the trust has provided an NAV total return of 11.3%, whilst the NAV per ordinary share rose 10.2% to 310.2p (30 September 2015 – 281.6p). The company says that the increase in NAV included […]
Shires Income, managed by Ed Beal (pictured), has announced its annual results for the year ended 31 March 2016. During the year, the trust’s NAV fell by 7.0% on a total return basis, thereby underperforming its FTSE All-Share Index benchmark, which lost 3.9%. The company says that its NAV underperformance was due principally to stock […]
JPMorgan Indian Investment Trust has announced its interim results for the six-months ended 31 March 2016. During the period, the company provided an NAV total return of 2.2%, ahead of its MSCI India Index benchmark, which returned 1.8%. The share price total return was 0.6%, which reflects a widening of the discount over the six […]
K&C REIT has announced that it has completed the purchase of ‘The Osprey Management Company Limited’, from Ms Susan Hards, for an aggregate consideration valued at £1.6m. The company says that Osprey owns a portfolio of freehold interests in what it describes as, “a number of high quality retirement and residential properties in and around […]
The European Investment Trust has announced its interim results for the year ended 31 March 2016. During the period, the trust provided an NAV total return of 2.2%, thereby underperforming FTSE All-World Europe ex UK Index, which returned 6.9% in sterling total return terms. The managers say that, in their view, the underperformance reflects a […]
GCP Infrastructure Investments has announced its interim results for the half year ended 31 March 2016. During the period, the company advanced loans totalling £46.4msecured against UK renewable energy, social housing and PFI projects, with a further £11.5 million advanced post period end. The company also made a profit of £21.9m and has paid a […]
Toro has published its first set of accounts. The company’s shares were admitted for trading on the 8 May 2015. The share price was 83 cents as of 31 March 2016, trading then at a discount to NAV of 13.82%. Over the period the company generated a loss of EUR4.5 million or a loss of 1.23 […]
The Edinburgh Investment Trust, managed by Mark Barnett (pictured), has announced its annual results for the year ended 31 March 2016. During the year, the trust produced an NAV total return +4.6% (with dent at market value) versus a negative return of 3.9% for the trust’s benchmark, the FTSE All-Share Index. The company’s share price total […]
