Overview
Ediston Property Investment Company is a UK REIT. It invests in a portfolio of UK real estate assets with the aim of providing Shareholders with an attractive level of income together with the potential for capital and income growth.
You can access the company’s website here
Research History
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22 Jan 2024 10 min read
QuotedData’s Real Estate Annual Review – 2023
Real Estate Annual Review Kindly sponsored by abrdn Things can only get better The real estate sector endured a tough 2023, with much of the year characterised by falling values amid the high interest rate landscape. Values have since stabilised across sub-sectors. Optimism returned in the final couple of months of the year, on promising […]
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19 Jan 2024 9 min read
QuotedData’s Real Estate Monthly Roundup – January 2024
Real Estate Roundup Kindly sponsored by abrdn Performance data December’s biggest movers in price terms are shown in the charts below. A challenging 2023 for the real estate sector was rounded off on a positive footing, with a median average share price increase of 7.1% across the listed sector in December (down 6.3% in the […]
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17 Nov 2023 11 min read
QuotedData’s Real Estate Monthly Roundup – November 2023
Real Estate Roundup Kindly sponsored by abrdn Performance data October’s biggest movers in price terms are shown in the charts below. October was another difficult month for property companies, with only a handful of positive moves and the median share price across the sector down 4.7%. Although not reflected in the data here, the Bank […]
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17 Oct 2023 8 min read
QuotedData’s Real Estate Quarterly Review – Third Quarter 2023
Real estate quarterly report Kindly sponsored by abrdn Chinks of light It has been another quarter of pain for real estate investment trusts (REITs) and listed property companies, with share price weakness continuing and average falls of 13.7% across the sector (as shown in the chart to the right). There are chinks of light appearing […]
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14 min read
QuotedData’s Investment Companies Quarterly Review – Third Quarter 2023
Third quarter of 2023 Investment Companies | Quarterly roundup | October 2023 Kindly sponsored by abrdn ‘Uncomfortable’ Following a fast start to the first half of the year, globally equities took a breather in Q3, as markets assessed the implications of the worst bond sell-off in a generation. Yields on 10-year US treasuries and UK […]
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14 Sep 2023 17 min read
QuotedData’s Real Estate Monthly Roundup – September 2023
Real Estate Roundup Kindly sponsored by abrdn Performance data August’s biggest movers in price terms are shown in the charts below. The property sector remains in a state of limbo as investors await signs that interest rates have peaked. The median share price of REITs and listed property companies was down 2.4% over the month […]
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9 min read
QuotedData’s Investment Companies Roundup – September 2023
September 2023 Monthly roundup | Investment companies Kindly sponsored by abrdn Winners and losers in August 2023 Share price total returns for investment companies were generally poor over August, with the best performing sector, Debt – Structured Finance, returning just 2.1%, with only a few sectors managing to eke out a positive total return. Funds […]
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11 Aug 2023 10 min read
QuotedData’s Real Estate Monthly Roundup – August 2023
Real Estate Roundup Kindly sponsored by abrdn Performance data July’s biggest movers in price terms are shown in the charts below. Better than expected inflation figures in the UK raised hope that interest rates had peaked, and that commercial property values may have bottomed out. Improving investor sentiment towards the sector was reflected in an […]
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19 Jul 2023 9 min read
QuotedData’s Real Estate Quarterly Review – Second Quarter 2023
Real estate quarterly report Kindly sponsored by abrdn Discounted indiscriminately Stubbornly high inflation in the UK has raised the prospect of higher for longer interest rates, with the base rate hitting 5.0% in the UK dashing any hopes of a recovery in commercial property values for the foreseeable future. This negative outlook was reflected in […]
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13 Jun 2023 15 min read
QuotedData’s Real Estate Monthly Roundup – June 2023
Real Estate Roundup Kindly sponsored by abrdn Performance data May’s biggest movers in price terms are shown in the charts below. The property sector is a hotbed of merger and acquisition (M&A) activity as investors look to take advantage of the unloved sector and wide discounts to net asset values (NAVs). Higher than expected inflation […]
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25 Apr 2023 8 min read
QuotedData’s Real Estate Quarterly Review – First Quarter 2023
Real estate quarterly report Kindly sponsored by abrdn Headwinds mount up The headwinds facing commercial real estate continued to mount up in the first quarter of 2023, reflected in an 8.9% average share price fall across the sector. Already reeling from the impact of higher interest rates on valuations, the collapse of Silicon Valley Bank […]
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06 Apr 2023 13 min read
QuotedData’s Real Estate Monthly Roundup – April 2023
Real Estate Roundup Kindly sponsored by abrdn Performance data March’s biggest movers in price terms are shown in the charts below. Property stocks tumbled further in March as stubborn inflation and a further interest rate hike was announced by the Bank of England. The median average share price fall across the sector was 7.9%. Perhaps […]
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24 Jan 2023 10 min read
QuotedData’s Real Estate Annual Review – 2022
Real Estate Annual Review Kindly sponsored by abrdn The year the rug was pulled out 2022 will be remembered as the year that the rug was pulled from under the property sector. Having benefitted from decades of low interest rates, which had fuelled debt-ladened deals and piqued the appetite of global investors looking for more […]
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05 Jan 2023 11 min read
QuotedData’s Real Estate Monthly Roundup – January 2023
Real Estate Roundup Kindly sponsored by abrdn Performance data December’s biggest movers in price terms are shown in the charts below. 2022 ended with another difficult month for property companies as the sector continues to get to grips with the impact of higher interest rates. There were several funds that performed well during December, however. […]
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90 min read
QuotedData’s Economic and Political Monthly Roundup January 2023
Economic and Political Monthly Roundup Investment companies | Monthly | January 2023 A collation of recent insights on markets and economies taken from the comments made by chairs and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage […]
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10 Jun 2022 16 min read
QuotedData’s Real Estate Roundup – June 2022
Real Estate Roundup Kindly sponsored by abrdn Performance data May’s biggest movers in price terms are shown in the charts below. A perpetual theme in the listed property sector over the last few years has been the persistent discount to net asset value that many companies’ share prices have traded on. Some have succumbed to […]
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12 Apr 2022 7 min read
QuotedData’s Real Estate Quarterly Review – First Quarter 2022
Real Estate Quarterly Review Kindly sponsored by Abrdn Value to be found in topsy-turvy market The first three months of 2022 have been full of significant events. Investor caution followed Russia’s invasion of Ukraine and put paid to a London-listed property company with a portfolio of Russian assets (see page 6 for details). The cost-of-living crisis […]
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09 Mar 2022 11 min read
QuotedData’s Real Estate Roundup – March 2022
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data February’s biggest movers in price terms are shown in the charts below. The geopolitical uncertainty caused by the Russian invasion of Ukraine has hit markets hard. On the whole, the property sector suffered losses during February, but there were a few companies that saw […]
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24 Jan 2022 10 min read
QuotedData’s Real Estate Annual Review – 2021
Real Estate Annual Review Kindly sponsored by Aberdeen Standard Investments Bouncebackability Over the course of 2021, the property sector certainly rebounded from the depths of the pandemic-induced slumps of 2020, with the average share price of listed property companies up 14.2%. That didn’t mean there were not some ups and downs along the way. The […]
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07 Jan 2022 9 min read
QuotedData’s Real Estate Roundup – January 2022
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data December’s biggest movers in price terms are shown in the charts below. The year of 2021 ended with positive news that the Omicron variant was less serious than first thought, resulting in a lockdown over the Christmas-trading period being avoided. It was Home REIT […]
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15 Oct 2021 8 min read
QuotedData’s Real Estate Quarterly Review – Third Quarter 2021
Real Estate Quarterly Review Kindly sponsored by Aberdeen Standard Investments Rate rise fears dampens bounce back The quarter started with much promise, as activity picked up with the full opening of the economy. This was reflected in the valuation of commercial properties and in turn investor sentiment to the listed real estate sector. However, supply chain […]
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09 Sep 2021 9 min read
QuotedData’s Real Estate Roundup – September 2021
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data August’s biggest movers in price terms are shown in the chart below. Traditionally a quiet month, August was anything but for property companies. While takeovers, IPO activity and large investment deals dominated the headlines, Tritax Big Box REIT continued its impressive performance. After reporting […]
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07 Jun 2021 14 min read
QuotedData’s Real Estate Roundup – June 2021
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data May’s biggest movers in price terms are shown in the chart below. Unsurprisingly, St Modwen Properties saw a big rise in its share price in May having received a cash offer for the business (logistics developments and a housebuilding arm) from Blackstone, valuing it […]
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22 Jan 2021 12 min read
QuotedData’s Real Estate Annual Review – 2020
Real Estate Annual Review Kindly sponsored by Aberdeen Standard Investments Riding out the COVID rollercoaster The 2020 rollercoaster saw more downs than ups and at times felt like a pandemic induced freefall. Lockdowns, tiers and plenty of U-turns meant investing in property was not for the faint hearted. Positivity returned at the end of the […]
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14 Jan 2021 9 min read
QuotedData’s Real Estate Roundup – January 2021
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data December’s biggest movers in price terms are shown in the chart below. The boost of coming out of the second national lockdown in early December was short lived as Christmas was cancelled for most of the UK with COVID-19 cases spiking. It did little […]
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17 Dec 2020 12 min read
QuotedData’s Real Estate Roundup – December 2020
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data November’s biggest movers in price terms are shown in the chart below. The eagerly awaited news of a successful vaccine candidate came at the start of November, boosting the stock market. Property companies that had seen their share price battered over the past eight […]
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16 Oct 2020 8 min read
QuotedData’s Real Estate Quarterly Review – Q3 2020
Real Estate Quarterly Roundup Kindly sponsored by Aberdeen Standard Investments Toughing it out It has been another challenging quarter for the real estate sector as the COVID-19 pandemic continues to take its toll. The economy bounced back in the early part of the quarter after the national lockdown was lifted, while government schemes such as […]
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09 Oct 2020 10 min read
QuotedData’s Real Estate Roundup – October 2020
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data September’s biggest movers in price terms are shown in the chart below. There was an eclectic mix of property companies to feature in the top price movers for September. Top of the tree was private rented sector and residential development specialist Sigma Capital Group, […]
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16 Jul 2020 7 min read
QuotedData’s Real Estate Quarterly Review – Q2 2020
Real Estate Quarterly Roundup Kindly sponsored by Aberdeen Standard Investments A polarised lens The covid-19 pandemic continued to wreak havoc in the real estate in the second quarter, but a polarisation of sectors and funds has started to become apparent. Companies focused on the retail, leisure and hospitality property sectors had already seen huge negative […]
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07 Jul 2020 12 min read
QuotedData’s Real Estate Roundup – July 2020
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data June’s biggest movers in price terms are shown in the chart below. Uncertainty caused by the covid-19 pandemic continued to weigh on property stocks in June and we had the first real casualty in Intu Properties, which collapsed into administration. A number of companies […]
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08 Jun 2020 8 min read
QuotedData’s Economic Roundup – June 2020
Economic & Political Roundup Kindly sponsored by Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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20 Apr 2020 7 min read
QuotedData’s Real Estate Quarterly Roundup – First Quarter 2020
Real Estate Quarterly Roundup Kindly sponsored by Aberdeen Standard Investments Covid chaos The covid-19 pandemic has had a devastating effect on the share price of property companies, with 31% wiped off the value of their total market capitalisation during the first quarter of 2020. Companies focused on the retail, leisure and hospitality property sectors were […]
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17 Apr 2020 8 min read
QuotedData’s Investment Companies Quarterly Review – First Quarter 2020
Investment Companies Quarterly Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Table of contents In this issue Performance data Positive movers Negative movers Discounts and premiums Getting more expensive Getting cheaper Money in and out Money in Money out Major news stories Upcoming Events New research The legal bit Unprecedented times We have knitted […]
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07 Apr 2020 8 min read
QuotedData’s Investment Companies Roundup – April 2020
Investment Companies Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Table of contents New research In this issue Performance data Discounts and premiums Money in and out Major news stories Income Events Guide Appendix – Performance by sector full list New research Here is a list of research we published over March: An update note […]
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11 min read
QuotedData’s Real Estate Roundup – April 2020
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data March’s biggest movers in price terms are shown in the chart below. Property stocks took a hammering in March as the covid19 pandemic took hold. The UK was put on lockdown to stop the spread of the coronavirus resulting in the enforced closure of […]
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30 Jan 2020 12 min read
QuotedData’s Real Estate Annual Review – 2019
Property’s alternative theory The year was dominated by political and economic uncertainty, with Brexit negotiations casting a shadow over the market and the general election adding a further layer of doubt for much of the year. For a market that is staunchly aligned with political and economic sentiment, listed property companies and REITs performed well, […]
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10 Jan 2020 7 min read
QuotedData’s Real Estate Roundup – January 2020
Real Estate Roundup Performance data December’s biggest movers in price terms are shown in the chart below. December was a good month for listed property companies, with the sector experiencing a bounce following the convincing majority the Conservative party won at the general election. For the second month in a row, estate agency group Countrywide […]
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10 Oct 2019 21 min read
Retail property market – ready for a renaissance?
Ready for a renaissance? There have been few structural shifts in the property sector as profound as the one currently taking place in retail. Consumer spending patterns have drastically changed over the past five years, with online sales now accounting for 19.7% of all retail spend in the UK (August 2019, source: ONS), compared to […]
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21 min read
Retail property market – ready for a renaissance?
Retail ready for a renaissance? There have been few structural shifts in the property sector as profound as the one currently taking place in retail. Consumer spending patterns have drastically changed over the past five years, with online sales now accounting for 19.7% of all retail spend in the UK (August 2019, source: ONS), compared […]
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02 Oct 2019 11 min read
QuotedData’s Real Estate Roundup – October 2019
Real Estate Roundup Performance data September’s biggest movers in price terms are shown in the chart below. The month of September was a bumper month for many property companies’ share price, dominated by retail focused companies, who in general have taken a hammering over the past 18 months or so. Top of the list was […]
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18 Sep 2019 7 min read
QuotedData’s Real Estate Roundup – September 2019
Real Estate Roundup Performance data August’s biggest movers in price terms are shown in the chart below. The month of August has traditionally been a quiet period for news and announcements in the property sector, and this year is no different. Central London landlord Shaftesbury, which owns Carnaby Street as well as huge swathes of […]
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07 Jun 2019 3 min read
QuotedData’s investment companies roundup – June 2019
Investment Companies Roundup New research Over May, we published notes on Shires Income, Standard Life Private Equity and The North American Income Trust. You can read all these notes by clicking on the links above or by visiting www.quoteddata.com. In this issue Performance data – it was notable that risk appetite was down in May as renewed […]
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5 min read
QuotedData’s economic roundup – June 2019
Economic & Political Roundup A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the […]
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22 Feb 2019 1 min read
QuotedData’s investment companies roundup – February 2019
QuotedData’s investment companies roundup – February 2019 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of January 2019. Kindly sponsored by Baillie Gifford. December’s sharp sell-off in technology and growth stocks reversed somewhat in January. This was […]
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18 Jan 2019 1 min read
QuotedData’s economic roundup – January 2019
QuotedData’s economic roundup – January 2019 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of […]
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11 Jul 2018 1 min read
QuotedData’s investment companies roundup – July 2018
QuotedData’s investment companies roundup – July 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of June 2018. Kindly sponsored by Baillie Gifford. July Investment Companies Roundup Money raised and returned in June Newcomer to the market, Yew Grove […]
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11 Jun 2018 2 min read
QuotedData’s Economic round up – June 2018
QuotedData’s Economic round up – June 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]
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07 Feb 2018 1 min read
QuotedData’s economic round up – February 2018
QuotedData’s economic round up – February 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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10 Jan 2018 2 min read
QuotedData investment companies roundup – January 2018
QuotedData investment companies roundup – January 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of December 2017. Kindly sponsored by Baillie Gifford. January Investment Companies Roundup Winners and losers in December Infrastructure India’s share price […]
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14 Sep 2017 1 min read
QuotedData investment companies roundup – September 2017
QuotedData investment companies roundup – September 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of August 2017. Kindly sponsored by Baillie Gifford. September Investment Companies Roundup Winners and losers in August Ashmore Global’s […]
News
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15 Sep 2023 1 min read
QuotedData’s weekly news update 15th September 2023
Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on YouTube. In this week’s show, Matthew Read covered the week’s top stories: • Ediston Property (0:30) • Supermarket Income REIT (5:28) • ThomasLloyd Energy Impact (8:51) • Hipgnosis Songs Fund (13:34) This week’s interview was with Dean […]
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08 Sep 2023 1 min read
Realty Income to buy Ediston Property’s portfolio for £196.8m
The board of Ediston Property Investment Company (EPIC) has agreed a deal to sell the company’s entire portfolio of UK retail parks to US company Realty Income for £196.8m. The company expects to have net assets of £152.2m, equivalent to 72.0 pence per share. This is a 17.7% premium to the share price on 15 […]
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25 Aug 2023 1 min read
QuotedData’s weekly news update 25th August 2023
Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on YouTube. In this week’s show, Matthew Read covered the week’s top stories: • US Solar (0:39) • Ruffer (4:03) • Thomas Lloyd Energy Impact (9:19) • Ediston Property (12:40) • Home REIT (14:06) This week’s interview was […]
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21 Aug 2023 1 min read
QuotedData’s morning briefing 21 August 2023
In QuotedData’s morning briefing 21 August 2023 The Renewables Infrastructure Group (TRIG) has announced that is has deposed of three of its onshore wind farms. The sites are located in Ireland and were sold at a combined consideration of c. €25m, a 26% premium to their last valuation which was made on 31 December 2022. […]
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18 Aug 2023 1 min read
QuotedData’s weekly news update 18th August 2023
Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on YouTube. In this week’s show, Matthew Read covered the week’s top stories: • Thomas Lloyd Energy Impact (0:57) • Riverstone Energy (18:40) • Bluefield Solar (22:25) • NextEnergy Solar (27:16) • Ediston Property (30:16) • Empiric Student […]
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17 Aug 2023 2 min read
QuotedData’s morning briefing 17 August 2023 – ABD, AAIF, ESP, EPIC
In QuotedData’s morning briefing 17 August 2023: In its final set of annual results (before it is absorbed by Asia Dragon), abrdn New Dawn (ABD) returned -6.8% in NAV terms for the 12 months ended 30 April 2023, and -7.3% in share price terms, both lagging the -5.2% return generated by the benchmark MSCI AC […]
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03 Aug 2023 2 min read
Ediston Property in discussions to sell portfolio
Ediston Property Investment Company (EPIC) is in advanced discussions with a third party buyer over the possible sale of the company’s property portfolio. As part of its strategic review into the future of the company, announced in March, the board today says that it has entered negotiations over the sale of the group’s retail park […]
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26 May 2023 2 min read
QD view – REIT mergers could combat vicious discount circle
Another week in property, another M&A announcement. This time it is LondonMetric pouncing on smaller peer CT Property Trust (CTPT) with an all share offer that values the company at around £200m. In recent weeks we have seen Industrials REIT taken private by Blackstone, Civitas Social Housing also recommending a bid for the company and […]
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17 Mar 2023 1 min read
QuotedData’s weekly news show 17th March 2023
Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on YouTube. In this week’s show, James Carthew and Richard Williams covered the week’s top stories: • abrdn Latin American Income (0:23) • Blackstone Loan Financing (5:16) • Ediston Property Investment Company (9:11) • Scottish Mortgage (12:56) This […]
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16 Mar 2023 3 min read
Ediston Property considers future
The board of Ediston Property Investment Company (EPIC) has launched a strategic review into the future of the company that could result in it being merged with another REIT or sold. The company, like many other REITs, has been battling a persistent wide discount to net asset value (NAV), which has severely impacted its ability […]
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14 Dec 2022 2 min read
Ediston Property posts 11.5% NAV total return
Ediston Property Investment Company, which invests in retails parks in the UK, has reported a 5.9% increase in NAV in annual results to 30 September 2022. Its EPRA NAV per share is now 94.9p (2021: 89.6p), the uplift driven by a 10.3% portfolio valuation gain in the year to £231.4m. The increase was due falling […]
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07 Jan 2022 2 min read
QD view – feeling the pinch?
With the rise in the cost of living dominating investment thoughts for 2022, what will be the likely impact on consumer spending habits and the funds that could benefit? Energy bills soaring and inflation at 5.1%, combined with a tax hike this year, means less money in the pocket and less spend at the tills. […]
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25 Nov 2021 4 min read
QuotedData’s morning briefing 25 November 2021
In QuotedData’s morning briefing on 25 November 2021: Seraphim Space (SSIT) has made a new $12.5m investment into Astroscale Holdings, the market leader in satellite servicing and long-term orbital sustainability across all orbits. Astroscale closed a $109m series F round which was led by THE FUND Limited Partnership in Japan and backed by a group […]
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25 Aug 2021 1 min read
Ediston buys Sterling retail park for £22m
Ediston Property Investment Company has acquired Springkerse Retail Park, Stirling, for £21.85m, reflecting a net initial yield of 9.54%. The group has bought the 162,593 sq ft retail park from the proceeds of its sale of a Tesco supermarket, with the net operating income from the new acquisition 35% higher than the rent received from Tesco, […]
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19 Mar 2021 3 min read
QD view – property one year on from lockdown
Tuesday next week will mark a year to the day that Boris Johnson announced the UK would go into full lockdown in a bid to curb the COVID-19 pandemic. It seems unbelievable that a year later we are still in a lockdown. The successive lockdowns have hugely impacted the property sector – mainly negatively (as […]
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04 Mar 2021 1 min read
Supermarket Income plans fundraise as it picks up Tesco from Ediston
Supermarket Income plans fundraise as it picks up Tesco from Ediston – Ediston Property Investment Company (EPIC) has sold a Tesco Superstore, which forms part of Prestatyn Shopping Park, to Supermarket Income REIT. The sale price was £26.5m, which is equivalent to a net initial yield of 5.3%, in line with the property’s valuation as […]
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16 Dec 2020 1 min read
Ediston Property reports drop in NAV
Retail park investor and developer Ediston Property Investment Company has delivered a net asset value (NAV) total return for the year to 30 September 2020 of -16.6% as COVID impacts the value of its properties. Operationally, the year was a strong one despite the effects of the pandemic. The group carried out eight asset management […]
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16 Oct 2020 2 min read
QD view – Rent collection nuggets
Fourth quarter rent collection figures have been coming in thick and fast over the past week or so and overall they show a general improvement on collection rates during the COVID-19 pandemic. There are a few nuggets to come from the announcements so far. The first thing to say is that collection rates have improved […]
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08 Oct 2020 3 min read
Real estate companies report growing rent collection figures
A plethora of real estate companies have posted encouraging rent collection figures for the current quarter (payment day for which is typically on or around 29 September). Here we have rounded up the announcements. Urban Logistics REIT Urban Logistics REIT announced it had collected 99% of rent due for the quarter to December, with the remaining 1% […]
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28 Sep 2020 1 min read
Ediston Property Investment Company begins construction of retail park
Ediston Property Investment Company (EPIC) has announced it has started construction of a retail park, in a vote of confidence for the retail sub-sector. The 48,000 sq ft retail park and petrol filling station in Haddington, East Lothian (near Edinburgh), is 97% pre-let to Aldi, Home Bargains, The Food Warehouse, Costa Coffee and Euro Garages. Construction […]
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06 Aug 2020 2 min read
QuotedData’s morning briefing 6 August 2020
In QuotedData’s morning briefing 6 August 2020: VinaCapital Vietnam Opportunity has completed its sale of its stake in International Dairy Products. The fund shares $45.4m with its co-investment partner Daiwa PI Partners. All in, this deal added 14 cents to the NAV but this is already in the NAV (has been reflected there since 10 July). […]
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26 Jun 2020 2 min read
QuotedData’s morning briefing 26 June 2020
In QuotedData’s morning briefing 26 June 2020 The managers of Ediston Property Investment Company bought 276,971 shares at 50p per share on 23 June, to take their holding to 1.5m shares. 50p is a 47.1% discount to the last published NAV but that will probably be falling as a result of COVID-19. Manchester and London used […]
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22 May 2020 2 min read
How will retail work in a post-covid world?
It was announced today that UK retail sales fell almost 20% in April as strict lockdown measures took hold. In the clothing retail sector, the impact of lockdown was even bleaker. Sales volumes plummeted over 50% when compared to March, which had already fallen by 34.9% on the previous month. With lockdown measures gradually being […]
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11 Feb 2020 1 min read
Ediston CEO scoops up shares
Ediston Property Investment Company’s (EPIC) fund manager Danny O’Neill has bought £435,000 worth of shares in the company. O’Neill, who is chief executive of the company’s investment manager, purchased 500,000 shares at 87p – more than doubling his stake to 858,488 shares worth £746,884. EPIC has been trading at an average 14% discount to its […]
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06 Dec 2019 1 min read
Ediston reports 5.7% fall in NAV
Ediston Property Investment Company, the real estate investment trust, has reported a fall in net asset value (NAV) of 5.7% in full year results. The drop was largely due to a 3.5% fall in the value of its property portfolio, which now stands at £319.2m, and its exposure to the retail sector. All of its […]
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27 Mar 2019 2 min read
Editson Property signs two new tenants in Hull
Editson Property signs two new tenants in Hull – Ediston Property Investment (EPIC), the UK focused REIT, has announced that it has successfully let three vacant units to two new tenants at Kingston Retail Park in Hull. Iceland Foods and Sue Ryder the new tenants Iceland Foods Limited has signed a ten-year lease, without break, […]
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12 Feb 2019 2 min read
Ediston Property restructures New Look lease at Prestatyn Shopping Park
Ediston Property Investment Company (EPIC) has announced that it has restructured lease terms with New Look at Prestatyn Shopping Park, Prestatyn. This has led to both increased rent and a longer lease term. Background to the restructuring – New Look’s CVA New Look completed a Company Voluntary Arrangement (CVA) in March 2018, under which the […]
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11 Feb 2019 2 min read
Ediston Property completes Pallion Retail Park leases with Go Outdoors and The Wallpaper Warehouse
Ediston Property Investment Company (EPIC) has announced that it has completed two lease transactions for Pallion Retail Park, Sunderland. The two tenants are Go Outdoors and The Wallpaper Warehouse. Go Outdoors takes on Unit 2 at Pallion Retail Park GO Outdoors signed an agreement for lease on unit 2, which comprises 11,345 square feet, in […]
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06 Feb 2019 2 min read
Ediston Property increases exposure to B&M
Ediston Property (EPIC) has announced that it has signed a lease on unit B, Barnsley East Retail Park, with B&M Retail Limited (‘B&M’). The new letting has increased B&M’s occupation on the park by 40%. B&M will occupy both units A and B B&M already occupies the adjoining unit A which extends to approximately 25,000 […]
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07 Dec 2018 1 min read
Ediston Property sees an increase of NAV per share
Ediston Property sees an increase of NAV per share- Ediston Property Investment Company plc (EPIC) saw an NAV per share increase from 111.3 pence in 2017 to 115.3 pence in 2018. That equals an increase of NAV per share of 3.6% for the year. The average share price discount to NAV during the year was […]
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15 Dec 2017 4 min read
Henderson Alternative Strategies benefits from marked discount narrowing
Henderson Alternative Strategies Trust (HAST) has announced its annual results for the year ended 30 September 2017. During the period, HAST provided an NAV total return of 10.8% and, reflecting a marked narrowing of the discount, a share price total return of 19.8%. The share price performance is superior to that of the company’s benchmark, […]
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15 Jun 2017 3 min read
UK Commercial buys Sheffield office from Ediston
UK Commercial buys Sheffield office from Ediston – UK Commercial Property Trust has acquired a single let, Grade A office building in Sheffield, from Ediston Property Investment Company for GBP20,165,000, reflecting a net initial yield of 5%. The asset is let to Capita Business Services Limited, which is part of Capita plc, on a lease with […]
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19 Aug 2016 1 min read
Property exposure through closed-ended funds
Advisers could consider using investment trusts for their clients’ property exposure. read more here
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23 Sep 2015 2 min read
Cayenne Trust CULS conversion facilitates a speedier return of capital
The Cayenne Trust has released its interim results for the six-months ended 31 July 2015 during which its NAV per share increased by 1.6% (4.2% on a fully diluted basis). In comparison, the FTSE All Share Equity Investment Instruments Index increased by 3.39% during the period. A dividend of 3.8p was paid on 21st August. […]
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24 Apr 2015 1 min read
Cayenne Trust says considering proposals for future of the company
The Cayenne Trust’s results for the year ended 31 January 2015 have been published. The company’s net asset value total return and share price total return were both 12.1% for the period. This compares to an 11.6% return on the FTSE All-Share Equity Investments Index. The dividend has been increased from 1.2p to 3.8p. The […]
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In The Press
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22 Aug 2023 1 min read
Money Makers podcast: 21 Aug 2023
In this week’s edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, talks to James Carthew, director of QuotedData.
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02 Aug 2023 1 min read
Eight investment trusts that could be takeover targets
by Sam Benstead from interactive investor, 2nd August 2023: Wide investment trust discounts are making them appealing takeover targets, with rumoured or confirmed deals likely to lead to sudden share price jumps… Discounts have widened due to negative sentiment about the economy, and therefore private company valuations, but also due to the impact of higher […]
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31 May 2023 1 min read
Investment trust insider on mergers
Investment trust insider on mergers – The direct lending fund that should be expanding, not shrinking or disappearing Another investment company bites the dust as CT Property Trust (CTPT) becomes the latest to announce it is on the receiving end of a bid. This time, unlike Civitas (CSH) where I continue to think shareholders should […]
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17 May 2023 1 min read
Investment trust insider on shed investors
Investment trust insider on shed investors – Richard Williams: Property analyst Richard Williams picks out one undervalued real estate investment trust that looks attractive as bids and mergers sweep the commercial property sector. Recent bids for real estate investment trusts (Reits) at more than 40% premiums to prevailing share prices should have been a much-needed […]
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21 Jan 2022 1 min read
Invest in a retail bargain
ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY, 8 January 2022: With the country’s high streets facing another crisis as people work from home rather than travelling into town and city centres, it is hard to predict which stores and specific retail sectors, if any, will do well this year… Overall consumer spending rose almost six per […]
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28 Apr 2021 1 min read
How to pick retail share winners as shops reopen
Want to know if the High Street is a good place to invest? Check out the queues at Primark: How to pick retail share winners as shops reopen By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY PUBLISHED: 21:52, 24 April 2021 | UPDATED: 13:26, 26 April 2021 Two weeks on from the latest step taken in lockdown easing and it seems […]
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25 Aug 2020 1 min read
Property trusts and funds remain under the cosh
Property trusts and funds remain under the cosh by Hannah Smith from interactive investor | 14th August 2020 11:39 Property trusts took a big hit from Covid-19 during the second quarter as non-paying commercial tenants caused dividend cuts and falling net asset values (NAVs). Investment trust analyst Winterflood said in a note that rent collection has affected the dividend policies […]
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11 Dec 2019 2 min read
Investment trust insider on closed-end property
Investment trust insider on closed-end property – James Carthew: four bargain property trusts open-ended investors could consider [First on the agenda this week is to congratulate Octopus Renewable Infrastructure Trust (ORIT) and its broker, Peel Hunt for pulling off the biggest fundraise of 2019. Having targeted £250m, the trust managed to raise £350m. The Schiehallion Fund […]
