Miton Worldwide Growth Trust’s Board has changed its registered name to “Miton Global Opportunities plc”. The Directors think the Company’s name should be simplified and more accurately reflect the investment approach. In addition to the change of name, the Directors have agreed to appoint Frostrow Capital LLP to provide distribution and marketing, company secretarial and accounting […]
The Board of The Renewables Infrastructure Group has announced it will buy a portfolio of French solar assets. An agreement has been reached between Renewables Infrastructure and Akuo Energy Group for an investment in a portfolio of 15 operating (brownfield) French solar photovoltaic (PV) projects. Akuo is one of France’s leading independent renewable energy producers. The deal comprises the […]
Custodian REIT has announced that it has acquired a portfolio of nine properties for £55.1m. The Portfolio comprises four retail sites in Colchester, Guildford, Portsmouth and Winnersh, three industrial properties in Chepstow, Redditch and Warrington, and two offices in Edinburgh and West Malling. The average lot size is £6.1m and the occupiers include House of […]
UK Commercial Property Trust has announced that it has separately acquired two new properties. The first is the Central Square office building in Newcastle, which has been acquired at a cost of £21.6m, which reflects a net initial yield of 6.4%. The building, which has 72,389 square feet of office space is multi-let to a […]
The Board of Phaunos Timber Fund has announced the sale of 100% of the equity shares of Green Nature Forestry Company Limited for USD 2.85m. The sale includes properties owned by Green China (Jiangxi) Forestry Company Limited, a wholly owned subsidiary of GNFC established in Nanchang, Jiangxi, China comprising of approximately 58,000 mu or 4,000 ha of […]
Grainger, the UK’s largest listed residential landlord, has announces that it has exchanged contracts with Turbo Group Holdings Limited, an entity owned by Patron Capital Partners and Electra Private Equity plc to sell its Equity Release Division (“Retirement Solutions”), with completion anticipated on or before 30 May 2016, subject to Turbo gaining regulatory approval from […]
SEGRO has announced that it has exchanged contracts to sell its portfolio of offices on the Bath Road, Slough, for £325m to clients of AEW Europe. The portfolio fronts the Slough Trading Estate and contains 972,300 square feet of office properties leased to companies spanning blue-chip, national and international businesses, and one office building currently […]
Empiric Student Property has announced that it has acquired the freehold of Ayton House, a 241 bed, student accommodation property in St Andrews for £26.0m (excluding costs). Ayton House is Empiric’s first acquisition in St Andrews and was newly completed for the 2015/16 academic year. The property, which is located in a prominent position in […]
NewRiver Retail has announced that it has exchanged contracts to acquire the Neptune Portfolio, which comprises the Ridings Shopping Centre (pictured and located in Wakefield, West Yorkshire), the Cornmill Shopping Centre (Darlington in the North East of England) and the Capitol Shopping Centre (Cardiff in South Wales) for £92.3m. In addition to this, the company […]
Target Healthcare REIT has announced that it has exchanged contracts to acquire Tapton Court, a 69 bed care home in Sheffield, South Yorkshire. Tapton Court (pictured) was built in the 1990s and closed in 2014. It will now be substantially redesigned and refurbished during which the bedrooms will be enlarged and reduced in number to […]
