Schroder Real Estate has published results for the year ended 31 March 2016. Over this period the asset value increased to GBP322.6 million or 62.2p per share, from GBP299.2 million or 57.7p. This reflects an NAV increase of 7.8% and a total NAV return, including dividends, of 12.3%. Dividends of GBP12.8 million or 2.48p were paid during the year which, based on […]
Sirius Real Estate has announced proposals for a private placing to raise up to €20m, which they say is to be used for further acquisitions. The company has also announced that it is refinancing an existing credit facility and is proposing a secondary placement of up to 27m shares. The Private Placement is conditional upon […]
Empiric Student Property has announced that it has acquired Pennine House, a 127 bed student accommodation property in Leeds, for £17.8 million (excluding costs). The property comprises a mix of studios and two-bed en-suite apartments across eight floors together with communal facilities including a gym, cinema room, study rooms and a common room. The property […]
Secure Property Development & Invest has announced that it has signed heads of terms, with Temania Enterprises Ltd, for the sale of its Kiev based warehouse, Terminal Brovary, at a Gross Asset Value exceeding US$16m (before deducting the outstanding EBRD attached loan). The company says that, as completion of the disposal is subject to a […]
Workspace has published results for the year ended 31 March 2016. At the end of the period, the EPRA NAV per share was GBP9.23, an increase of 31.3% over the year. The Board is recommending an increase in the final dividend to 10.19p per share. This represents an increase in the total dividend for the […]
Custodian REIT’s results for the year ended 31 March 2016 show that its NAV per share rose by 0.2% to 101.5p resulting in an NAV total return of 6.2%. The share price total return was 3.5%. Dividends rose by 19% to 6.25p. Profit after tax rose by 28.7% and EPRA EPS was up 21.4% on the prior year to 6.8p. On the back […]
VinaLand Limited has published a copy of a VNL update presentation dated 3 June 2016 that will form the basis of discussions with shareholders at the forthcoming meetings scheduled in Europe commencing this week and in Asia thereafter. The shareholder discussions have been organised to discuss possible future strategic options for the Company which could […]
Over the year to the end of March 2016, Value and Income Trust generated a Net Asset Value total return (with debt at par) of 0.2%. this compares to a FTSE All-Share Index total return of -3.9%. However the Share price total return was -9.6%. The Board is recommending a substantial increase in the final dividend, […]
Alpha Pyrenees has provided an update on its situation as at the end of March 2016. The fund’s NAV has fallen again. KEY POINTS MATURITY OF BORROWINGS EXTENDED TO 31 OCTOBER 2016 TRUST HAS THE SUPPORT OF ITS LENDER FOR AN ORDERLY REALISATION OF ITS REMAINING PROPERTY ASSETS SALES PROCESS WILL NOT RESULT IN ANY […]
VinaLand Limited and Vinacapital Vietnam Opportunity have announced that they are divesting their stakes in Project Pham Hung. The project, acquired by VNL and VOF in 2007, is a 2.4 hectare parcel of land located in Hanoi and has planning approval for a future mixed use development. VNL will dispose of its entire stake at a total valuation 0.2% […]
