Henderson High Income generated an NAV return of 7.6% over the year ended 31 December 2015 while its benchmark, 80% of the FTSE All-Share Index (total return) and 20% of the Merrill Lynch Sterling Non-Gilts Index (total return), returned 0.9%. The return to shareholders was 6.6%. The dividend was increased from 8.6p to 8.9p. This […]
Tritax Big Box REIT reports that its EPRA net asset value per share increased by 17.11 pence (or 15.91%) to 124.68 pence (31 December 2014: 107.57 pence) over the course of 2015. This works out as a total return for the year of 19.4%, compared to the FTSE EPRA/NAREIT UK REITs Index of 10.5%. Dividends […]
Greencoat UK Wind has announced that it has entered into an agreement to acquire 49.9% of Clyde Windfarm (Scotland) Limited from SSE for a headline consideration of £355m, together with GMPF & LPFA Infrastructure LLP, the infrastructure investment joint venture between Greater Manchester Pension Fund and London Pensions Fund Authority. UKW will acquire 28.2% of […]
Hansteen’s results for the year ended 31 December 2015 have been published. Its EPRA NAV per share increased by 9% to 111p to give a total return of 17.3%. Full year dividend increased by 5.0% to 5.25p per share. The Normalised Income Profit or NIP, which excludes profits or losses from the sale of properties, essentially […]
NB Private Equity reports that, at 31 December 2015, its NAV per Share was $14.35, up from $14.24 NAV per Share at 31 December 2014. this translated into a 4.9% NAV total return during 2015. They say this was driven by unrealised gains on private equity and public holdings as well as cash and payment-in-kind (“PIK”) interest on its income investment portfolio. […]
Fidelity European Values say that, for the year ended 31 December 2015, the net asset value total return was 6.9%, outperforming its Benchmark Index, the FTSE World Europe (ex UK) Index, which returned 5.3%. The share price total return over this period was 9.2%, ahead of the NAV return as a consequence of the level of discount […]
Real Estate Investors has published results for the year ended 31 December 2015 – its first year of operations as a REIT. The EPRA NAV per share rose by 5% to 64.5p from 61.3p. EPRA earnings per share were 0.81p (2014: loss 0.36p). This was on the back of a 38% increase in rental income to £8.4m. The total dividend per […]
Murray International had a poor year in 2015. The Chairman said he was disappointed to report that the NAV not only underperformed its benchmark in 2015 but also declined in absolute terms. He says a NAV total return of -7.8% inclusive of a 3.3% dividend increase (46.5p vs. 45p in 2014) compared unfavourably with a benchmark total return […]
Global Resources Investment Trust has not been able to come to an agreement with Primestar Energy FZE and LIM Asia Multi-Strategy Fund Inc. relating inter alia to the subscription, open offer and early redemption of loan notes and the reduction of the required coverage ratio (4:1 assets to loan notes). The assets of the fund […]
Aberdeen UK Tracker fell just 0.3% short of matching the performance of the FTSE All-Share Index over the course of 2015. Most of that is accounted for by the fees on the fund which, although reduced last year, still act as a drag on returns. The Board, as advised by the Investment Manager, took the decision […]
