Vinaland plans distribution as sells Vina Square project – Vinaland is selling its stake in the Vina Square project, located in Ho Chi Minh City, Vietnam. The project consists of a total land area of approximately 3.0ha and was acquired by VNL in 2007, at which time the land was designated as a future development site. […]
Travelodge, Salvation Army and Wet’n’Wild for AEW Long Lease – AEW UK Long Lease REIT has announced the acquisition of a hotel and retail unit on Princes Street, Swindon for GBP6.3m. The 35,000 sq ft property, which comprises a Travelodge hotel and Salvation Army centre, provides a weighted average unexpired lease term of 23 years, […]
Civitas adds three supported living portfolios – Civitas Social Housing REIT has completed the purchase of three portfolios of specialist supported living for a total consideration of GBP5.8 million, comprising the freehold interest in 11 properties, with 52 tenancies. The portfolios are immediately income generating with an initial net yield in line with expectations and […]
Fevertree helps power Standard Life Smaller Companies to another year of outperformance – Standard Life Smaller Companies says that, for the year ended 30 June 2017, its diluted net asset value total return was 35.0%, compared with a total return of 29.1% for the Numis Smaller Companies ex Investment Companies Index. The share price total return, calculated […]
Triple Point Social Housing makes second investment – Triple Point Social Housing REIT says it has progressed well since its successful IPO in early August, which was supported by a broad range of institutional investors as well as by Places for People Group, one of the UK’s largest property and leisure management, development and regeneration companies. Shortly […]
Ground Rents to offer inflation linked alternative to doubling rents – On 2 August 2017, Ground Rents Income Fund issued a Corporate Update in light of media attention on ground rents and the launch by the Communities Secretary, Sajid Javid, of a consultation on proposals to amend leasehold legislation. The announcement advised that the Board, in […]
Syncona says NightstaRx files for IPO – Syncona Ltd, today notes that its portfolio company NightstaRx Limited (to be reorganised as Nightstar Therapeutics Limited) has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (the “SEC”) for a proposed initial public offering, in the United States, of its American Depositary […]
Blue Capital Alternative Income evaluating options on discount – the company made a brief announcement on the morning of 1 September 2017 that just says: “The Company’s Ordinary Shares have traded at an average discount of more than 5 per cent. to the net asset value per Ordinary Share over the three month period ending […]
Amedeo Air Four Plus buys new plane for Thai Airways – Amedeo Air Four Plus, via its wholly-owned subsidiary, AA4P Mu Limited, reports the purchase of one A350-900 aircraft, bearing manufacturer’s serial number 130, on 31 August, 2017, placed on lease to Thai Airways International Public Company Limited for a term of 12 years. Following […]
Supermarket Income REIT buys Sainsbury’s superstore – Supermarket Income REIT has acquired the freehold of the Sainsbury’s Bybrook Superstore in Ashford, Kent, from National Farmers Union Mutual Insurance Society for GBP80 million (net of acquisition costs), reflecting a net initial yield of 4.5% after the next agreed RPI-linked rent review in September 2017. The store […]
