NewRiver Retail Limited has announced its interim results for the six-months ended 30 September 2015, which the company describes as providing, “Record profits and strong NAV per share growth”. During the period, the company’s EPRA NAV per share increased by 14% to 287p (Sept 2014: 252p) whilst its EPRA adjusted earnings per share increased by 95% to 13.2p […]
Big Yellow’s interims for the six months ended 30 September 2015 show its EPRA net assets per share rising from 481.1p to 505.9p. EPRA earnings per share (adjusted and diluted) rose by 16% to 15.1p. The interim dividend is being hiked by the same amount from 10.4p to 12.1p. Earnings were boosted by higher occupancy – up from 73.5% […]
British Land’s first half results, covering the six months ended 30 September 2015, show the company’s EPRA NAV climbing by 7.5% and its diluted underlying earnings per share rising by 4.6% to 16p . The first half dividend was increased by 2.5% to 14.18p. The valuation of the portfolio increased by 4.7%. That broke down into […]
McKay Securities’s EPRA NAV rose by 4.1% over the six months to the end of September 2015 as it reported a 7.1% increase in the value of its property portfolio. The interim dividend was maintained at 2.7p. McKay Securities underlying profit before tax rose by 33.8% over the period as rental income increased by 20.8% […]
Target Healthcare REIT has announced a proposal to issue up to 15,652,803 new ordinary shares (9.99% of its existing share capital) by way of a placing. The company says that it will determine the price at which the shares will be placed based on the level of demand from potential investors, with the price expected to be […]
The Renewables Infrastructure Group that it has raised gross proceeds of £78m from its recent fund raising and that a total of 78m new ordinary shares will be issued at a price of 100p per share. Of this, 16,011,486 new ordinary shares will be issued as the final tranche of the company’s share issuance programme and […]
Schroder Real Estate Investment Trust has announced its interim results for the six-months ended 30 September 2015. During the period, the company’s NAV increased by 5.6% to 60.9p (31 March 2015: 57.7p), whilst the underlying EPRA earnings per share increased by 9% year-on-year to 1.2p (six months to 30 September 2014: 1.1p). The company says […]
LXB Retail Properties has published an update on further pre-lets at a number of the Group’s investment properties and on planning consent for the Group’s first Living Villages project. Living Villages – Higher Newham, Truro The Strategic Planning Committee at Cornwall Council recently resolved to grant planning permission for the Group’s Higher Newham Farm proposals […]
Empiric student property has announced that it has exchanged contracts, subject to planning, on a forward funded development in Glasgow. The scheme, known as 155 George Street (pictured), is an 89 bed premium student accommodation development. The total investment is £9.6m, which is to be invested in stages against development milestones. Empiric is to acquire the […]
Following on from its announcement at the end of September, Standard Life Property Investments has published details of its £100m fund raising and acquisition of a Jersey Property Unit Trust (JPUT). Standard Life Property Investments has entered into the conditional Acquisition Agreement in relation to the acquisition of a new portfolio of 22 UK commercial real […]
