Green REIT has announced that it has completed the renegotiation of its leases with Vodafone Ireland on their Irish headquarters building at Central Park, Dublin 18, which comprises 263,000 square feet and generates a rent of €7.3m per annum for Green REIT. Vodafone is the largest occupier at Central Park and is Green REIT’s single […]
JPMorgan Mid Cap says, over the six months to 31st December 2015, the Company’s total return on net assets was 9.0%, 8.4 percentage points ahead of the Company’s performance benchmark, the FTSE 250 Index (excluding investment trusts) which returned 0.6% on a total return basis. The return to shareholders was 25.5% as the discount was elminated. […]
John Laing Infrastructure Fund has announced a placing of up to 81.2 million new ordinary shares and has said that the net proceeds will be principally used to repay the Group’s revolving credit facility which, following the acquisition of a 40% stake in the Barcelona Line 9 Section II metro project announced in January 2016, […]
Ruffer Investment Company has announced its interim results for the half year ended 31 December 2015. During the period, the company’s NAV per share from 218.76p to 206.98p, which after allowing for dividends of 1.7p paid during the period, equates to a total return of -4.6%. The Company’s share price also fell by 4.6%, on […]
After Alpine Select’s announcement that it planned to try to force its way onto Altin’s Board, kick out three directors and pay out a large proportion of Altin’s capital, the Altin Board has responded. “The Board of Directors of ALTIN AG (“ALTIN”), after careful consideration, categorically rejects the proposals of Alpine Select AG (“Alpine Select”) […]
JPMorgan Overseas says, for the second half of 2015, the total return on the Company’s net assets was +1.2% and the return to shareholders was +2.5% compared with the return on its benchmark, the MSCI AC World Index (in sterling terms) of +1.5%. The manager says positions in a number of high growth companies performed strongly, including […]
F&C UK Real Estate generated a net asset value per share total return of 5.6% for the six months ended 31 December 2015 on the back of an ungeared portfolio return of 4.7%. The share price total return was 4.8%. The shares were trading at a slight premium to the NAV of 1.9% at the period […]
Law Debenture’s results for 2015 show its net asset value total return for the year to 31 December 2015 was down 0.3%, compared to a total return of 1.0% for the FTSE Actuaries All-Share Index. Net revenue return per share was 18.1p, an increase of 6.8% over the previous year, as a result of a […]
Bluefield Solar Income Fund delivered an above-target dividend of 7.25 pence per share for the year ending 30 June 2015, and has paid a dividend in the period of 3.25 pence per share for the current financial year. They say, notwithstanding the reduction in power prices during the period, attractively priced acquisitions and strong contractual […]
Derwent London is reporting that its EPRA net asset value per share increased by 21.6% to 3,535p from 2,908p at 31 December 2014, and by 9.6% from 3,226p at 30 June 2015. Net rental income increased 7.8% to £138.7m from £128.7m in 2014. EPRA profit before tax rose 31.0% to £81.6m from £62.3m last year […]
