Sirius buys properties in Berlin and Grasbrunn – Sirius Real Estate, a leading operator of branded business parks providing conventional space and flexible workspace in Germany, is pleased to announce the completion of the acquisition of two properties for a combined total acquisition cost of EUR24.5 million. On 1 July 2017, the Group completed the […]
Civitas buys 19 supported living properties – the Board of Civitas Social Housing PLC has announced that the company has completed the purchase of a portfolio of regulated social housing for a total consideration of GBP15.4 million, comprising the freehold interest in 19 supported living properties, with 95 tenancies, in Yorkshire and the Humber, the East […]
INPP makes digital infrastructure commitment – International Public Partnerships (INPP) has committed jointly with HM Government to make an investment in digital infrastructure and particularly fibre optic broadband connections. It sees long term parallels between the essential nature of broadband connectivity to the home and workplace, and the established businesses of gas and electricity distribution and […]
Derwent London sells Copyright building – Derwent London is pleased to announce that it has exchanged contracts on the sale of its long leasehold interest in The Copyright Building, 30 Berners Street W1 to Union Investment Real Estate GmbH (“Union Investment”). The consideration is GBP165.0m, or GBP148.7m net of top-ups relating to rent free periods […]
Greencoat buys Bishopthorpe wind farm – The Board of Greencoat UK Wind PLC has announced that it has acquired Bishopthorpe Wind Farm from BayWa r.e. for a total consideration of GBP47 million. The acquisition, which completed on 30 June 2017, was funded by Greencoat UK Wind’s revolving credit facility (GBP38 million) plus cash resources (GBP9 […]
Globalworth Real Estate Investments has announced that it has acquired Building “C” of the Green Court Bucharest campus, developed by the Swedish group Skanska, for a gross transaction value of approximately €38m. The acquisition is expected to close in the third quarter of this year. Green Court Bucharest Located to the north of Bucharest in […]
For the year ended 30 April 2017, Miton Global Opportunities net asset value per share rose to 248.7p (2016: 182.4p), a total return of 36.3% (2016: 0.4%). The share price ended on an all-time high of 242.3p (2016: 164.3p), a total return of 47.5%. The fund has outperformed a number of other comparators such as the […]
Syncona writes up NightstaRx value – Syncona investment, NightstaRx has completed a US$45m funding round. Syncona has invested $12.5m at this stage and retains a 46% stake in the business. The existing investment in NightsaRx has been written up by £20.3m (3.1p per Syncona share) to £69.7m. NightstaRx also attracted investment in this round from […]
UK Mortgages takes steps to tackle falling NAV as capital distributions eat into fund. UK Mortgages has made an update presentation to investors. In it, it acknowledges that it has taken longer to invest the proceeds of its IPO than expected. The longer investment period has meant: Slower earnings growth A longer period of uncovered […]
LondonMetric Property sells last Marlow office. LondonMetric Property has announced that it has exchanged on the sale of its last remaining office asset in Marlow to Kildare Partners for GBP68.5 million. The 231,000 sq ft office property is 96.7% let off a WAULT of 7.0 years to Allergan, Dun & Bradstreet, Lexington Catering, Icon Clinical and […]
