Macau Property Opportunities has announced that the Land, Public Works and Transport Bureau of Macau has granted an urban condition plan for the Company’s retail redevelopment project located in the Senado Square district of Macau. Senado Square is Macau Property Opportunities’ flagship retail development project. The company says that the project is well-located in Macau’s […]
JZ Capital Partners has announced its annual results for the year ended 29 February 2016. The period was a busy one for the company during which it undertook an equity placing as well as a rollover of a zero dividend preference share. During the period, the company reports absolute total NAV growth of 20.7% to $851.7m. […]
JPMorgan Income & Capital reports its net assets fell during the year ended 29th February 2016, reflecting a general market decline. The total return on the Company’s assets for the year ended 29th February 2016 was a negative 5.5%. This represented an over-performance of 1.4% against the composite benchmark (comprising 90% FTSE 350 Index, excluding […]
Securities Trust of Scotland reports that, for the year ended 31 March 2016, its net asset value was flat and the share price was down 2.2%, both on a total return basis for the period. This compares to a 4.4% rise in the benchmark. The board has declared a fourth dividend of 1.45p, bringing the […]
Schroder Real Estate has announced the completion of four disposals for a combined price of GBP12.86 million reflecting an average net initial yield of 3.4%. The combined price was in line with the last reported valuation as at 31 December 2015 but reflected an uplift of GBP2 million or 18.5% compared with the previous year […]
John Laing Environmental Assets has announced that it has entered into an agreement with Energiequelle GmbH to acquire 100% of the Parc Éolien Le Placis Vert wind farm. The consideration for the acquisition, which is expected to complete over the coming weeks (subject to the customary consents), is approximately €2.5m. The project is located in the municipality […]
Having just raised £84m from investors, Target Healthcare REIT Limited has announced that it has completed the acquisition of a modern, purpose built care home in Warrenpoint, Northern Ireland for approximately £5.75m including acquisition costs. The home, Carlingford Lodge, was opened in 2011 and comprises of 74 single bedrooms with full ensuite bathrooms including wetroom […]
SEGRO plc has announced that it has agreed amended bank facilities totalling EUR780 million (GBP614 million). The facilities comprise a EUR610 million syndicated revolving credit facility and two bi-lateral revolving credit facilities of EUR100 million and EUR70 million each. The net impact of the changes is a EUR110 million (GBP87 million) increase in the unsecured committed […]
Vinaland and VinaCapital Vietnam Opportunities (VOF) are selling their entire stakes in the 21(st) Century International Development Joint Stock Company (Century 21 Project) located in Ho Chi Minh City, Vietnam. The site is a future residential – mixed use development site, with a total site area of 301,060 square metres which was acquired in 2006 for […]
Real Estate Investors has confirmed the acquisition of two additional investment properties in Telford and Nottingham for a total consideration of GBP5.135m, producing a combined rental income of GBP506,710 per annum and a net initial yield of 9.26%. The investment properties acquired are as follows: Titan House, Euston Park, Telford – acquired from receivers. The building […]
