Oakley buys Career Partner – Oakley Capital Investments Limited has agreed to acquire, through its Oakley Capital Private Equity III fund (“Fund III”), Apollo Global Germany GmbH (“Career Partner Group”), from its current shareholder Apollo Education Group Inc. Fund III, together with a number of underlying Fund III investors, will hold a 79% stake in the […]
AEW UK REIT buys Portsmouth retail property – AEW UK REIT has announced the acquisition of 208-220 Commercial Road and 7-13 Crasswell Street, Portsmouth for GBP6.4m. The asset provides a net initial yield of 9.6% and is fully let to seven retail tenants and one office tenant providing a WAULT of 4 years to expiry. The […]
International Biotechnology beats benchmark on strong listed portfolio performance – In the year ended 31 August 2017, International Biotechnology Trust’s NAV rose from 575.1p to 672.9p, including a significant currency gain, equivalent to 14.4 pence per share. The NAV returned 20.9% in. Over the same period, the Shareholders total return was 30.5%. This compares to a rise […]
Fidelity Special Values beats its benchmark again – Fidelity Special Values has published results for the year ended 31 August 2017. The net asset value increased by 19.1% over the year and the share price by 28.1%, both well above the 14.3% return of the Benchmark Index (all returns on a total return basis). As […]
intu creates jv to own Chapelfield shopping centre in Norwich – intu properties plc and LaSalle Investment Management, acting on behalf of Greater Manchester Pension Fund and West Yorkshire Pension Fund, are forming a partnership to jointly own intu Chapelfield shopping centre in Norwich. LaSalle will acquire a 50 per cent interest in the property for net […]
Aberdeen stays as manager of Edinburgh Dragon on a reduced fee – Edinburgh Dragon says that, for the year ended 31 August 2017, the NAV rose by 21.6% on a total return basis. However, this performance was less than the benchmark’s increase of 27.2% in sterling terms. Following concerns over performance, the Board undertook a detailed […]
Premier Energy & Water becomes Premier Global Infrastructure – The Board of Premier Energy and Water Trust PLC has announced that the name of the company has changed to Premier Global Infrastructure Trust PLC in order to reflect a change of investment emphasis within the portfolio. The name change has been registered at Companies House today […]
NextEnergy Solar piles into Italy – Next Energy Solar Fund has made its first investments in Italy; eight operating solar plants with an installed capacity of 34.5MWp at a total cost of €131.9m. Five of the acquired plants are in the region of Puglia (total 21.5MWp) and three are in the region of Campania (total […]
SEGRO swaps an industrial estate for a Big Box warehouse – SEGRO has acquired a fully let 390,000 sq ft big box warehouse in the Midlands region of the UK from LGIM Real Assets (“Legal & General”), in exchange for Kingsland Business Park, which is a multi-let industrial estate in Basingstoke, and a balancing cash […]
Greencoat UK Wind buys five wind farms from EDF – Greencoat UK Wind PLC has acquired an 80% stake in five wind farms from EDF Energy Renewables for a total consideration of GBP98 million (including GBP7 million cash and working capital). All five wind farms are situated within 25 miles of Peterborough, and in total comprise […]
