GPOR : Great Portland Estates sells 12/14 New Fetter Lane Great Portland Estates is selling its leasehold interest in 12/14 New Fetter Lane (London EC4) for £165.8m. The sale price works out at a yield of 4.5%. The 142,500 sq ft office building is still under construction (supposed to be finished in Q4 2015) and […]
BC12 : Better Capital buys Walkabout Better Capital 2012 cell has bought all the debt facilities of iNTERTAIN and its subsidiary companies. iNTERTAIN was set up in 2009 to acquire the trading assets of Regent Inns and now owns a chain of bars across the UK, most of which trade as Walkabout. iNTERTAIN made a £3m […]
WKP : Workspace buys in Fleet Street Workspace Group is acquiring 160 Fleet Street for £29.7m. They describe it as “a beautiful Portland stone period building, originally constructed in the 1920’s and entirely refurbished in 2009 to include a new reception, gym, breakout areas and a dedicated suite of meeting rooms”. the building has 54,000 […]
BTEM : British Empire hedges yen exposure British Empire Securities delivered a return on net assets of 6.8% over the year to 30 September 2014 – ahead of the 5.1% return on the company’s benchmark (MSCI All Country World ex-US Index). Shareholders also saw the discount narrow resulting in a return to them of 8.9%. […]
EPIC : Ediston Property buys initial portfolio Ediston Property, which listed on 28 October, has announced that it has completed the purchase of its initial property portfolio for £76.7m. The portfolio comprises, offices at 145 Morrison Street, Edinburgh; Offices at St Philips Point, Temple Row, Birmingham; Offices at Phoenix, Station Road, Reading; a retail park in Rhyl, […]
QIL : Qannas investing in Hard Rock Cafes Qannas Investments is funding the establishment of three Hard Rock cafes in Eastern Europe the first of which is to be located in the Atlas Capital Centar in Podgorica, Montenegro. Qannas is putting up $3m to fund the development. They say the running of the café will sit within […]
SMT : Strong performance helps Scottish Mortgage become no.1 Scottish Mortgage beat the FTSE All-Share Index by some margin over the six months that ended on 30 September 2014. Over that period the total return on net assets was 9.0% vs. 4.4% for the index. What’s more, the fund’s rating improved so that the return […]
RSE : Riverstone Energy says CNOR investing in Tourmaline Canadian Non-Operated Resources Corp, which Riverstone funded in August 2014, is investing to take a 25% interest in Tourmaline Oil’s Peace River High operated area in Alberta, Canada. They get 25% of the existing complex (all lands, wells, production, reserves, and facilities) for C$500m. Tourmaline will use the […]
SOI : Scottish Oriental Income lags benchmark marginally Schroder Oriental Income’s results for the year ended 31 August 2014 have been published this morning. It just failed to match the return on its benchmark index, the MSCI All Countries Pacific ex Japan, delivering a total return of 10.9% for the period vs. the index’s 11.3%. […]
AGR : Assura adds another 11 medical centres Assura Group is buying a portfolio of 11 medical centres for £63.6m. The 11 medical centres have an average lot size of £5.7m, an unexpired lease term of 20.3 years and the majority are under five years old. The centres support the work of approximately 90 GPs […]
Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.
Due to data protection policies, USA residents can not access our data.
Your content has been curated
