LXB Retail Properties has reported that on 25 August 2016 it exchanged contracts for the sale of its investment at B&Q, Greenwich to a private investor based in the UK. The property is currently let to B&Q Plc until 23 June 2024 at a current rental of GBP2,244,000 per annum. The sale is conditional on […]
Target Healthcare REIT Limited has announced that it has completed the acquisition of two modern, purpose built care homes located in Dundee, Scotland and Sandiacre, Derbyshire for approximately GBP14.0 million including acquisition costs. The properties comprise a total of 151 bedrooms with full en-suite bathrooms including wetrooms and opened in 2007 and 2015. A refurbishment […]
SEGRO plc has exchanged contracts to sell the Heston & Airlinks Industrial Estate near Heathrow Airport to Capital Industrial Four BV for GBP79.5 million. Heston Industrial Estate is a multi-let industrial estate, located to the north-east of Heathrow Airport close to junction 3 of the M4 motorway, comprising 481,000 sq ft of warehouse space across 47 […]
The first six months of 2016 was a disappointing period for investors in P2P Global Investments as its share price fell from 1007p to 850p. They paid a total dividend of 25.2p per ordinary share during the period and delivered a NAV return of 2.37%. The Board recognises that investment returns in the first half of […]
The Board of The European Investment Trust plc announces that Edinburgh Partners has appointed Craig Armour as portfolio manager for the Company in succession to Dale Robertson. Craig joined Edinburgh Partners in 2009. He is an Investment Partner and is responsible for managing several European equity portfolios. Prior to joining Edinburgh Partners he had a […]
ECR Minerals (ECR:AIM) has terminated its Earn-in option in respect of the Danglay gold project in the Philippines. The new government’s lack of support towards the mining industry was indicated as the determining factor in their decision. ECR Minerals is no longer the operator of the Danglay gold project To date ECR has earned a 25% […]
TwentyFour Income Fund has announced the results of its placing, which raised £48m (before costs and expenses) through the issue of 43,743,734 new ordinary shares at a price of 109.73p per share. The company says that the placing price represents a premium of 2% to the unaudited NAV of 107.58 pence per share as at […]
Candover’s net asset value fell by 39.1% over H1 2016 to 148p. In late April, Candover announced the partial realisation by Arle of its investments in Parques Reunidos and Technogym S.p.A, following the initial public offering of Parques in Spain and Technogym in Italy. In the IPO of Parques, Candover sold 7.7% of its interest […]
Aurora has published its first set of interims since changing its investment approach and its year end. Because the Company’s year end has been brought forward to December 31st , this report covers the four month period from March 1st to June 30th. Since the year-end on February 29th , the NAV per share declined […]
Baker Steel Resources Trust says that, during the first six months of the year, the unaudited net asset value per share rose 15.7% to 38.8p in a recovering market for mining shares, with the Euromoney Global Mining 100 Index rising 58.9% in Sterling terms. The most significant factor in the recovery of the Euromoney Global […]
