Marwyn Value Investors has announced the sale of its remaining interest in Entertainment One. The company says that, following the sale, approximately £10m will be returned to shareholders under its distribution policy for net capital gains. The £10m is in addition to the £5.3 million still to be returned following the initial disposal of Entertainment One in July […]
The Board of Advance Developing Markets Fund Limited announces that it has been informed by Advance Emerging Capital Limited, the investment manager of ADMF, that an agreement has been reached with Aberdeen Asset Management PLC whereby Aberdeen will acquire 100% ownership of Advance Emerging Capital. The transaction is subject, inter alia, to regulatory approval from the UK […]
Empiric Student Property has published results covering the year to the end of June 2015. At the end of June the NAV was 103.2 pence per share, a 5.2% increase from an opening NAV of 98.1 pence as at 30 June 2014 and net of all property acquisition costs. £218.8m of the portfolio valuation was attributable to operating assets, […]
AEW UK REIT has announced the completion of a further acquisition for £5.3m (net of acquisition costs) of 1-15 Fargate & 18-36 Chapel Walk, Sheffield. The two properties provides a total of 40,128sq ft with 8 retail units spread over basement, ground and first floors. Two of the retail units front onto the pedestrianised Fargate Street with six […]
The board of directors (the “Board”) of The Cayenne Trust plc (the “Company”) announced on 3 August 2015 its intention to bring forward the Company’s liquidation and identify a rollover option for shareholders. The Company received a number of proposals and, after due consideration, the Board is pleased to announce that it has agreed terms with F&C Managed […]
Schroder Real Estate Investment Trust (SREI) has announced that it has exchanged a conditional agreement for Lease, with Premier Inn Hotels, for a pre-letting of a new 96 bedroom hotel within Arndale House in Leeds (pictured). SREI acquired the Arndale Centre in Leeds, a multi-let retail, leisure and office property totalling 125,834 sq ft that is […]
Invista European Real Estate has announced that its mezzanine lender, Islay Investment S.à r.l. (an affiliate of Blackstone Real Estate Debt Strategies) has called for repayment of its mezzanine loans. As Invista is unable to repay the loans, the lender has enforced its security over the entire interests of Invista. The enforcement has followed a […]
Qatar Investment Fund has announced its results for the year ended 30 June 2015. The fund’s net asset value rose by 8.4% compared to 6.2% for the Qatar Exchange and a rise of 4.6% in the MSCI Emerging Markets Index. Shareholders received a 3.5c per share dividend in January and the Board proposes to pay an increased […]
Murray Income underperformed over the year to the end of June 2015 delivering a negative 2.2% return on net assets compared to a positive 2.6% return on its benchmark, the FTSE All-Share Index. The fund’s discount widened as well leaving shareholders with a 5.7% loss for the year. The dividend was increased from 31.25p to […]
Ruffer has published its annual report for the year ended 30 June 2015. Over the year the total return on net assets was 7.8%. The dividend was maintained at 3.4p per share. the shares moved from trading on a discount of 1.8% to a premium of 1.9% and so the return to shareholders was 11.9%. […]
