Dunedin Enterprise gets cash for Innova – Dunedin Enterprise Investment Trust has announced the realisation of its investment in Innova/5 LP, the private equity fund based in Warsaw which makes investments in Central Eastern Europe. This follows on from the recent realisations of Kee Safety, Alpha FMC and Blackrock PM. The holding in Innova was […]
3i Infrastructure refinances ESVAGT – 3i Infrastructure plc has successfully completed a EUR 376 million refinancing of ESVAGT. The refinancing comprises bank and institutional tranches with a spread of maturities of up to 10 years, as well as associated capex and revolving credit facilities. In conjunction with the refinancing, 3i Infrastructure and its ESVAGT co-shareholder, AMP Capital, […]
Dunedin Smaller Companies posts strong outperformance – Dunedin Smaller Companies says that, for the year ended 31 October 2017, its net asset value total return was 32.8%, a significant outperformance of the benchmark, the SmallCap Index (ex Investment Companies), which delivered a total return of 21.9%. The share price total return for the year was 28.8%. The discount at […]
Dromadda More Wind Farm acquired for €88.4m Greencoat Renewables, which listed on the AIM segment of the London Stock Exchange on 25 July 2017, has announced that it has acquired the 36MW Dromadda More wind farm, from Impax Asset Management, for an all in cost of €88.4m. Dromadda More is Greencoat Renewables first acquisition since […]
Ecofin Global Utilities and Infrastructure off to a good start – Ecofin Global Utilities and Infrastructure Trust has published annual results. The company’s shares were first listed on the London Stock Exchange on 26 September, 2016 and these results are for the financial year which ended on 30 September, 2017. In that period, the net asset […]
Warehouse REIT has announced that it has exchanged contracts to acquire a portfolio of seven industrial assets, in the North West of England, for £18.25m. The transaction is expected to complete today (21 December 2017) and the purchase price reflects a net initial yield of 7%. The acquired portfolio The acquisition brings the Company’s assets […]
Polar Capital Global Healthcare reflects on year of transition – Polar Capital Global Healthcare, announcing its results for the year ended 30 September 2017, says that its NAV total return for the year amounted to 0.6% compared to a rise in the benchmark (the MSCI Global Healthcare Index) of 8.6%. Meanwhile their share price total […]
Phoenix Spree Deutschland sells 34 properties – Phoenix Spree Deutschland has exchanged contracts to sell a portfolio of 34 properties located in Central and Northern Germany for an aggregate cash consideration of EUR73.0m. On completion of the disposal, and including further acquisitions and disposals notarised since 30 June 2017, Berlin is expected to represent over 99% […]
DRUM Income Plus REIT targets 6.3% yield for 2018 – Drum Income Plus REIT says that, for the 12 month period to 30 September 2017, its NAV increased by 0.5% to 94p. When the dividends paid during the period are taken into account the NAV total return for the twelve months to 30 September 2017 […]
VinaLand sells Trinity Garden – VinaLand Limited has divested its entire stake in the Trinity Garden project. The project, located in Ho Chi Minh City, Vietnam and acquired by VinaLand in 2007, is a 13.7-hectare parcel of land designated for a future development. VinaLand will divest its entire stake in the project to Ms. Tran […]
