GCP Student Living is expanding its management team with the appointment of Nick Barker, former Head of Alternatives, Property at Schroder Property Investment Management. Previous to this he was Assistant fund manager for Schroder UK Property Fund (SPF), based in London. He joined Schroders in September 2007 following 3 years with Cushman & Wakefield Investors, […]
Ludgate Environmental has published results for the year ended 30 June 2015. Its net asset value fell from 66.5p to 60.6p over the period. At an EGM on 1st September 2014 shareholders voted to extend the life of LEF to 30th June 2018 with the expectation that the portfolio would be mostly sold by mid […]
Duke Royalty and Oliver Wyman have announced an exclusive pharmaceutical and healthcare royalty financing collaboration. Oliver Wyman is a management consultancy wholly owned by Marsh & McLennan Companies. Duke Royalty will be responsible for capital raising, the structuring of definitive agreements and the acquisition of each royalty interest originating from the collaboration. Duke Royalty believes […]
Green REIT has announced its results for the year ended 30 June 2015. The NAV rose by 23.6% and the EPRA NAV by 21.6% over the year. The EPRA earnings per share fell by 23.8% to 1.6 cents. Gearing at the year end was 9.5%. The Board expects to declare a dividend of 1.6 cent […]
Trading Emissions has announced that the arbitration tribunal found in favour of Trading Emissions and the €9m claim brought by Yunnan Dianneng (Group) Holding Co. Ltd has been dismissed in its entirety. The tribunal also awarded TEP reimbursement of both HK$2,750,000 (approximately €320,000) of its direct costs and the sums TEP had paid as a deposit […]
Further to the legal proceedings between the Company and Lonrho Limited, Cambria Africa announces it has concluded a settlement agreement with Lonrho with respect to the claims and counterclaims between the parties, in terms of which, Cambria will receive $4,752,000 in full and final settlement of the Claims. After outstanding litigation and other associated costs, […]
Kuala Innovations Limited has announced the acquisition of a 4.9% interest in the issued shares of UK incorporated private company The Diabetic Boot Company Limited. In aggregate, Kuala has acquired 25,978 ordinary shares of The Diabetic Boot Company at a price of £13.37 per share, for total consideration of £347,324, valuing the whole company at £7.05m. Regent […]
Ediston Property Investment Company has acquired three leisure properties for £10m (net of acquisition costs), reflecting a net initial yield of 8.60%. The acquisition was funded from existing cash resources. The properties comprise two units in Liverpool and Hartlepool, which are let to Mecca Bingo, and a third unit in Telford, part of the Southwater […]
JZ Capital has announced an open offer and placing to raise $150m and a rollover offer of new 2022 ZDPs to replace their existing 2016 ZDPs. The new share capital is being issued on a 9 new shares for every 25 held basis at 419.19p, a 39.7% discount. If shareholders don’t take up shares under the […]
Vinaland has sold its stake in the company that owns the HAS Project located in the central region of Quang Nam Province, Vietnam to Gold Yield Enterprises Limited, an entity of Chow Tai Fook, who will inject both equity and expertise into developing and operating the large scale hospitality and entertainment development. Since Genting’s withdrawal […]
