Investment Company News

09 Oct 2017

Primary Health invests in Falkirk

Primary Health invests in Falkirk – Primary Health Properties has contracted to acquire a standing let investment property situated in Stenhousemuir, Falkirk, Scotland.  A wholly owned subsidiary of PHP has agreed to acquire Stenhousemuir Medical Centre for £8.65 million (net assets acquired of £8.65 million).  The property comprises of 2,450 m2 and is fully let to […]

09 Oct 2017

Stellar year for Pacific Horizon

Stellar year for Pacific Horizon – In the year to 31 July 2017, Pacific Horizon’s NAV total return was 38.5%. During the same period, the total return of the comparative index, the MSCI All Country Asia ex Japan Index, was 28.6% in sterling terms. The share price total return was 42.5%, and the discount narrowed from […]

09 Oct 2017

CQS New City High Yield posts 16% return

CQS New City High Yield posts 16% return – CQS New City High Yield says that its net asset value total return was 16.13% for the year ended 30 June 2017. The share price total return for the same period was stronger at 18.36%. The company declared three interim dividends of 0.98 pence in respect […]

09 Oct 2017

Dunedin Enterprise sells Alpha Financial Markets Consulting

Dunedin Enterprise sells Alpha Financial Markets Consulting – Dunedin Enterprise Investment Trust has announced that Alpha has today announced a conditional placing and proposed admission to trading on the LSE’s AIM market on 11 October 2017.  On Admission, Dunedin Enterprise, via its interest in Dunedin Buyout Fund III LP, will sell 100% of its holding in […]

05 Oct 2017

SQN Asset Finance reveals more problems in its portfolio

SQN Asset Finance reveals more problems in its portfolio – SQN Asset Finance Income Fund has published accounts for the year ended 30 June 2017. The chairman points out that the fund is now three years old and has ben paying dividends consistently on a monthly basis (these totalled 7.25p for the year under review, up […]

04 Oct 2017

LondonMetric buys logistics site in Bedford

LondonMetric buys logistics site in Bedford – LondonMetric Property Plc has unconditionally acquired the 40 acre Bedford Link site from the local authority. The site has planning consent for up to 670,000 sq. ft. of logistics space and all other conditions relating to the purchase have now been satisfied. Bedford Link is situated on the A421, […]

04 Oct 2017

Globalworth Real Estate expands into Poland with Griffin Premium investment

Globalworth Real Estate (GWI) has announced that it has entered into a conditional investment agreement to acquire a minimum of 50.01% and up to 67.90% of Warsaw listed Griffin Premium (GPRE). GPRE is a pure-play Polish real estate platform that primarily owns high-quality office and mixed-use assets located in Warsaw and across a number of […]

03 Oct 2017

GCP Student Living funding another building for Queen Mary

GCP Student Living funding another building for Queen Mary – GCP Student Living says that its operational property portfolio is now fully occupied with respect to the 2017/18 academic year. The average rental growth as compared with the 2016/17 academic year is 4.1%. New building for Queen Mary University GCP Student Living has entered into a […]

03 Oct 2017

Phenomenal year for TR European Growth shareholders

Phenomenal year for TR European Growth shareholders – TR European Growth says that, for the year ended 30 June 2017, its net asset value total return was 54.0% compared to a total return from the benchmark index of 35.8%.  The share price total return was 75.5%. They are proposing an increased final dividend of 11.5p and also […]