Better Capital has published results for the year ended 31 March 2014 for its two cells – the original (“2009”) cell, Better Capital : BCAP, and the 2012 cell – Better Capital 2012 : BC12. The net asset value of the 2009 cell fell by 10.7% or £31.2m over the year as the company wrote […]
ARC Capital, which is currently suspended, has released another update on the sale of Funtalk (it was hoping to get at least $137.3m for its stake). The situation is complex and so we have included the full text of the announcement below but in summary it looks as though that rather than ARC Capital selling […]
Law Debenture’s share price total return was flat over the first half of 2014. Its net asset value total return was 3.4%. The equivalent return o the FTSE All-Share Index was 1.6%. The income from the fiduciary services business fell by 0.3% but this was more than offset by revenue flowing from the equity portfolio […]
SEGRO has bought the other half of a logistics joint venture it invested in alongside Moorfield Real Estate Fund II. The jv owns 12 logistics warehouses, covering 377,000 sq ft, mostly in the South East and Midlands, is fully let (to the likes of Sainsbury, Tesco, DHL, Booker and Royal Mail) and has an average […]
Henderson High Income generated a net asset value total return of 3.6% over the first half of 2014 – 2% ahead of the 1.6% return delivered by the FTSE All-Share Index and ahead of the fund’s benchmark which returned 2.3%. The dividend for the first half was 4.25p as compared to 4.15p for the equivalent […]
New Europe Property Investments says its net asset value (after adding back deferred tax) rose to 3.89 from 3.70 over the first half of 2014. Recurring income rose by 19% when compared to the first half of 2013. The company is paying a distribution to shareholders of 14.87 euro cents per share. The company says […]
Doric Nimrod Air One has published accounts covering the year to the end of March 2014. There has been no change to the 2.25p per quarter dividend payment and the company has not changed the residual value of the aircraft it owns. The net asset value rose to 107p from 92p – this largely reflects […]
Doric Nimrod Air Two has published accounts covering the year to the end of March 2014. There has been no change to the 4.5p per quarter dividend payment and the company has not changed the residual value of the aircraft it owns. The net asset value rose to 203.8p from 168.7p – this largely reflects foreign exchange […]
Doric Nimrod Air Three has published accounts covering the year to the end of March 2014. The company paid its first dividend in October 2013 of 0.1715p and a second dividend of 1.7185p in January 2014. From now on the company will be paying dividends of 2.0625p per quarter. The company has not changed the residual value […]
Schroder Real Estate has sold a 9.1 acre site in Hinckley for £4.525m (a £675,000 uplift on the last valuation). The buyer is Redrow Homes who will build houses on the site in Coventry Road, Hinckley – Schroder Real Estate secured planning for 122 residential units last August. The fund gets 50% of the consideration upfront […]
