B.P. Marsh and Partners has acquired, through a newly established company Paladin NewCo Limited, an effective 35% shareholding in CBC UK Limited. CBC is a Retail and Wholesale Lloyd’s Insurance Broker, offering a wide range of services to commercial and personal clients as well as broking solutions to intermediaries. For the year ending 31(st) December […]
SEGRO says its EPRA NAV per share up was 8.0 per cent to 500 pence over the course of 2016. They say this was driven by a 4.8 per cent like-for-like increase in the value of the portfolio, reflecting development gains, UK rental growth and asset management activities. The 4.8% increase comprises a 4.5 per […]
McKay Securities PLC has exchanged contracts for the unconditional disposal of the freehold of its remaining interest at Pinehurst Park, in central Farnborough to Pinehurst Investments Ltd (a subsidiary of Shaviram Developments Ltd), for GBP5.88 million. The purchaser has paid a GBP1.00 million non-returnable deposit, and McKay will retain income through to completion on 28(th) […]
Epiris is pleased to announce that its portfolio company AXIO Group has sold OAG, the global leader in aviation information and intelligence, to funds managed by Vitruvian Partners for approximately $215 million. This is the fifth major realisation from AXIO’s portfolio. Electra Private Equity PLC has received proceeds from AXIO of GBP104 million*, an uplift […]
Witan Investment Trust has announced the appointment of GQG Partners, LLC as a manager of a segregated emerging markets portfolio for Witan, with an initial allocation of GBP70m, approximately 4% of the Company’s net assets. GQG Partners LLC is an independent, employee-owned investment boutique formed in June of 2016 by Rajiv Jain. As of 31st […]
Infrastructure India says that Distribution Logistics Infrastructure Limited (“DLI”) has, along with the wider logistics sector in India, experienced a dramatic deceleration of cargo movements in the immediate aftermath of the Government of India’s announcement of demonetisation and official withdrawal of certain high value currency denomination notes from circulation. India is an overwhelmingly cash economy […]
Landore Resources (LND.L:AIM) Announced a Maiden Mineral Resource Estimate for the BAM East Gold Deposit on its Junior Lake Property, Ontario, Canada. The resource estimate was 301,000 oz consisting of an indicated resource of 193k oz at 1.35 g/t Au and an inferred resource of 108k oz at 1.23 g/t Au. The estimated cost to […]
The boards of Hansteen and Industrial Multi-Property Trust (IMPT) have announced that have reached agreement on the terms of a recommended all cash offer for the entire issued ordinary share capital of IMPT by Hansteen. Under the terms of the offer, IMPT shareholders will receive 300p in cash for each IMPT share. This values the […]
Foresight Solar Fund has announced results for the year ended 31 December 2016. The NAV at the end of the period was 102.9p, the total return on NAV was 7.04% and the return to shareholders 6.58%. The company made profits after tax of £30.7m, equivalent to earnings per share of 10.38p. They say the fund […]
Blackstone / GSO Debt Funds Management Europe Limited has informed Blackstone/GSO Loan Financing that Alan Kerr has decided to leave GSO during 2017. Mr. Kerr is a Senior Managing Director and Head of GSO’s European Customized Credit Strategies business (“CCS”). Mr. Kerr joined GSO in 2012 at the time of Blackstone’s acquisition of Harbourmaster Capital […]
