Custodian REIT has sold a 22,317 sq ft hotel on Castlegate Business and Leisure Park, Dudley for GBP4.45 million, GBP0.34 million ahead of the 31 March 2016 valuation. The property is let to Premier Inn Hotels Limited on a lease expiring in 2038. The property was part of the initial portfolio acquired on the Company’s admission […]
Amedeo Air Four Plus Limited, via its wholly-owned subsidiary AA4P Eta Limited (“AA4PE”), on 28 July 2016 purchased directly from The Boeing Company one 777-300ER aircraft bearing manufacturer’s serial number 42334 at a net cost of US$173 million. The aircraft is the seventh asset to be acquired by the company. In connection with the acquisition of the Aircraft, […]
JZ Capital Partners Limited has closed an investment in Oncology Services International, Inc., its third investment through the Jordan Health Products platform. Jordan Health Products was formed in 2015 by Jordan Industries International, LLC and JZ Capital Partners to develop and execute a strategic build-up in the highly fragmented US healthcare equipment market. JZ Capital Partners invested $4.529 million in […]
LMS Capital has announced proposals to change its investment policy and to return up to GBP6 million to Shareholders through a tender offer and repurchase of up to 7.72% of the issued share capital of the Company at a 5 per cent. discount to its net asset value per share as at 30 June 2016. If the […]
Seneca Global Income & Growth has announced that it has put in place an extension of GBP4 million to its existing rolling debt facility making the total facility available GBP11 million. This extension to the facility is on similar commercial terms to the facility announced on 2 November 2015 and the margin on the total […]
HgCapital, the Manager of HgCapital Trust, has announced that it has agreed the sale of SFC KOENIG, a Switzerland-based, leading provider of high-quality, sealing and flow control technology, to IDEX, a producer of highly engineered fluidics systems and components in the USA. Completion is subject to, amongst other things, regulatory approval. The Trust will realise […]
F&C Managed Portfolio reports that, for the company’s financial year to 31 May 2016, the NAV total return (i.e. adding dividends paid to capital performance) was -4.8% for the Income shares and -4.5% for the Growth shares which represented outperformance against the -6.3% total return for the FTSE All-Share Index, the benchmark index for both […]
Tucked away in P2P Global’s latest factsheet is an announcement that P2P will amend its fee structure. Currently, the investment manager charges a fee based on a percentage of gross assets (such percentage not to exceed 1.0 per cent). With effect from the June 2016 NAV, the investment manager has decided to waive a portion […]
In March 2016, the investment manager of GLI Alternative Finance underwent a rebranding exercise from GLI Asset Management Limited to Amberton Asset Management Limited. Furthermore, as announced on 7 July 2016, it is proposed that the investment policy of the Company be amended to bring greater exposure to high quality alternative finance loans, with such […]
Over the year to 30 June 2016, Aberforth Geared Income Trust’s total assets total return – essentially the ungeared return from the portfolio – was -8.2%. Whilst there are many factors at play, the Managers’ tendency to find the greatest value opportunities within the smaller small companies, such that the portfolio has a greater exposure […]
