Target Healthcare REIT has completed the acquisition of two purpose built care homes in the village of Three Legged Cross near Wimborne, Dorset for an undisclosed price. The two homes are adjacent to each other and comprise a total of 70 bedrooms. Acorn Lodge was built in 2012 and has a total of 26 bedrooms with […]
Secure Income REIT has published its results for the year ended 31 December 2016. EPRA NAV per share was up 14.4% to 323.6p and adjusted EPRA EPS was up over 330% to 11.3p for the year (from 2.6p). Quarterly distributions commenced in August 2016 and the company is currently yielding an annualised 4.1% on 31 December 2016 EPRA NAV. […]
GCP Student Living plc has exchanged contracts to secure the acquisition of Woburn Place, a private student accommodation asset located at a prime central London position in Bloomsbury, WC1. Woburn Place, which is currently owned and operated by Unite Students, is within short walking distance of University College London (c.38,000 students from 150 countries), SOAS […]
SME Loan Fund says that demand from investors to participate in the secondary placing of the 25,270,763 shares in SMEF held by GLI Finance Limited has significantly exceeded the number of SMEF shares available and, accordingly, investor participations are being scaled back. The secondary placing will be completed today. GLI Finance has agreed to acquire for cash the loans […]
FastForward Innovations Limited, has today subscribed C$3 million for an approximate 4.7 per cent. equity interest in Nuuvera Corp., a Canadian incorporated private company focused on medicinal marijuana opportunities. FFWD has subscribed as part of a C$43.65 million fundraise that Nuuvera has now closed. Nuuvera is a newly incorporated Canadian company that has been incorporated […]
Pacific Industrial & Logistics REIT completed the acquisition of a site on Bruntcliffe Way, Morley, Leeds on 6 March 2017 for a total consideration of GBP6.05m, representing a net initial yield of 8.3%. This site, along with the Park Road, Chesterfield logistics acquisition announced on 20 January 2017, have been mortgaged under terms agreed with the […]
Henderson International Income Trust (HINT) has announced that, further to its announcement on 10 February 2017 of a possible issue of equity, that in the light of positive feedback from existing and potential new shareholders, HINT’s board has decided to proceed with an issue of C shares. It says that existing shareholders will be given […]
For the year ended 31 December 2016 CatCo Reinsurance Opportunities achieved a net return for shareholders of 8.12 percent for the ordinary shares and 7.27 percent for the C shares. This is despite the number of significant catastrophic events that occurred during the year, making 2016 the worst year for insured losses since 2012 (Source: […]
FastForward Innovations Ltd has today reached agreement with Blue Star Capital PLC to sell its entire holding of 1,471 shares in investee company SatoshiPay Ltd. The disposal is conditional on Blue Star’s shareholders approving the issue of 268,213,880 consideration shares as the consideration will be satisfied via the issue of new shares in Blue Star. The price […]
Tritax Big Box REIT has announced that it has agreed a new long-term, interest only, fixed rate term loan facility of £90 million with PGIM Real Estate Finance, secured against a portfolio of three standing assets and one forward funded asset. The 10-year Facility, which will be drawn in full immediately, is repayable on 2 […]
