VinaLand and VinaCapital Vietnam Opportunities are selling their stakes in the Danang Golf Project. The project, acquired by VNL and VOF in 2006, is situated in Danang on 219.8ha of land and includes a completed 18-hole golf course with related facilities as well as residential dwellings, some of which are currently under construction. The project site […]
Target Healthcare REIT Limited has announced that it has completed the acquisition of a modern, purpose built care home in Southport, Merseyside for approximately GBP6.6 million including acquisition costs. The home, Parklands Lodge, is newly constructed having opened its doors to residents in early May. It comprises 67 bedrooms with full ensuite bathrooms including wetroom […]
Northern Investors says that the orderly realisation strategy adopted by shareholders in 2011 has made significant progress over the past year, with a continuing reduction in the number of remaining holdings in the portfolio and significant further returns to investors. In March 2016 the company completed its fifth tender offer to shareholders, as a result of […]
JPMorgan Asian has announced the appointment of Ayaz Ebrahim, as joint fund manager of the Company, alongside Richard Titherington. Ayaz, a Managing Director at JPMorgan Asset Management and based in Hong Kong, is a highly experienced portfolio manager who heads the Asia Pacific Core Team and chairs the Asset Allocation Committee within the Emerging Markets and […]
Standard Life Investments Property Income Trust has announced that it has completed the sale of Turin Court, a small office building in Stockport, for £2.95m. The trust says that Turin Court is a modern office but the current tenant is due to leave in July 2016, following the expiry of the lease, and capital expenditure […]
John Laing Infrastructure has announced that it has entered into an agreement to acquire a 100% interest in Project Service LLC, the provider of 23 highway service areas in the State of Connecticut (USA), between New York and Boston. John Laing Infrastructure has purchased the interest from Carlyle Infrastructure Service Plazas, L.P. (an affiliate of The […]
Caledonia delivered a positive net asset value per share total return of 2.6% for the year ended 31 March 2016, compared with 14.2% for the previous year. Over the year, the FTSE All-Share Total Return fell by 3.9%, though the S&P 500 remained flat. The Chairman emphasises though that they do not seek to benchmark performance […]
Henderson Alternative Strategies delivered a NAV total return of -2.3% during the half-year to 31 March 2016 compared to a rise of 11.5% in its FTSE World Total Return Index global equity benchmark. The Chairman’s statement says that, whilst the company tends to outperform in testing markets (e.g. for the six-month period to 30 September 2015), […]
Blue Capital Global Reinsurance Fund has announced that it has entered into a credit facility with Endurance Investments Holdings Ltd.(a wholly-owned subsidiary of Endurance Specialty Holdings Ltd. , which holds indirectly 25.1% of the Company’s issued ordinary shares and is the ultimate parent company of the Company’s investment manager). The Credit Facility provides the Company […]
Assura has announced its preliminary results for the year ended 31 March 2016. It saw a 3.9% growth in diluted EPRA NAV per share to 45.8 pence. Profit before tax fell to GBP28.8 million from GBP36.6 million after GBP34.1 million debt early repayment costs. The enlarged property portfolio delivered a Total Property Return of 8.9%. Assura raised […]
