fbpx
Register Log-in Investor Type

Real Estate News

This sector includes mortgage companies, property management companies and REITs

28 Jun 2022

QuotedData’s morning briefing 28 June 2022

In QuotedData’s morning briefing 28 June 2022: Pharmakon Advisors, the investment manager of BioPharma Credit (BPCR)  says that it notes the announcement released yesterday by Ipsen regarding its planned purchase of Epizyme Inc. BioPharma Credit has a $110m investment in a senior secured loan to Epizyme which would be prepaid upon the closing of the […]

23 Jun 2022

Urban Logistics REIT doubles in size in transformational year

Urban Logistics REIT doubles size of portfolio in “transformational year” and reports a 23.9% uplift in NAV. The group, which raised £358m of equity, moved to the main market and was included in the FTSE 250 index in the 12 months to 31 March 2022, said its portfolio of mid-box urban warehouses was now valued […]

23 Jun 2022

QuotedData’s morning briefing 23 June 2022

In QuotedData’s morning briefing 23 June 2022: BlackRock World Mining Trust (BRWM) says that the up coming IPO of Ivanhoe Electric Inc. on Friday, 24 June 2022 would, at the mid-point of the announced IPO valuation range, add about 1.4% to its NAV. The trust’s investment consists of common shares of Ivanhoe Electric Inc. and […]

22 Jun 2022

Impact Healthcare REIT announces capital raise

Care home provider Impact Healthcare REIT has announced its intention to issue new equity to acquire an identified pipeline of care homes. The company proposes raising new equity through a placing under its existing placing programme and in addition an offer for subscription to raise up to the Sterling equivalent of €8m. The size of […]

22 Jun 2022

AEW UK REIT posts 29.7% total return

AEW UK REIT delivered a NAV total return of 29.7% for the year to 31 March 2022, helped by a large increase in the value of its portfolio. The small cap, diversified property company posted a 21.7% uplift in NAV over the year to 120.63p per share (2021: 99.15p), as the economy re-opened following pandemic […]

22 Jun 2022

QuotedData’s morning briefing 22 June 2022

In QuotedData’s morning briefing 22 June 2022: Harmony Energy Income Trust (HEIT) has agreed a debt facility of £60m with NatWest Plc. The five-year facility has an initial margin of 300bps (3%) over SONIA, rising over time to a maximum of 375bps by year five, but is interest-only for the first three years. There is […]

21 Jun 2022

QuotedData’s morning briefing 21 June 2022

In QuotedData’s morning briefing 21 June 2022: ThomasLloyd Energy Impact (TLEI) is buying the remaining 57% of SolarArise India Projects for $38.5m. SolarArise is a Delhi based renewable energy platform which holds interests in seven solar power projects in India totalling 434 MW, of which 234 MW is operational and 200 MW is construction-ready. 100% […]

17 Jun 2022

QD view – riding out stagflation

The bad news just keeps mounting up and the economic outlook is getting gloomier. Inflation has shifted from being a post-COVID legacy to a global problem, while ominous economic predictions keep piling up. A fall in UK GDP was revealed this week and was followed by another interest rate hike by the Bank of England […]

16 Jun 2022

Shaftesbury and Capital & Counties merger agreed

Capital & Counties (CAPC) and Shaftesbury have reached an agreement on a £3.5bn all-share merger. The merger of the two West End of London landlords, which will be called Shaftesbury Capital Plc, had been rumoured for years and it was confirmed last month that talks were taking place. Under the terms of the proposed merger […]

16 Jun 2022

QuotedData’s morning briefing 16 June 2022

In QuotedData’s morning briefing 16 June 2022: The US central bank, the Federal Reserve has raised its base rate by 75 basis points (0.75%) to a target range of 1.50-1.75% and indicated that it would raise rates by between 0.5% and 0.75% at its next meeting, as it struggles to combat inflation. NB Global Monthly […]

14 Jun 2022

Palace Capital posts double-digit uplift in NAV

Palace Capital has reported an 11.4% uplift in EPRA net tangible assets (NTA) in a positive set of annual results to the end of March 2022. The group, which owns a diverse portfolio of property assets mainly in the industrial and office sectors, said the increase in EPRA NTA to 390p per share (2021: 350p) […]

14 Jun 2022

QuotedData’s morning briefing 14 June 2022

In QuotedData’s morning briefing 14 June 2022:  CVC Credit Partners European Opportunities has renamed itself CVC Income & Growth Limited. The new tickers are CVCG for the ordinary sterling shares and CVCE for the euro shares. The new website is www.ig.cvc.com Value and Indexed Property Income (VIP) says that it will pay £1.319 for every […]

10 Jun 2022

Valuation gains help Industrials REIT post 25% NAV total return

Industrials REIT has reported a 25% NAV total return for the year to 31 March 2022, as the value of its portfolio rose by more than 20%. EPRA net tangible assets (NTA) was up 20.4% to £1.77 per share, helped by 20.8% like-for-like valuation growth in the value of its portfolio of multi-let industrial (MLI) […]

09 Jun 2022

QuotedData’s morning briefing 9 June 2022

In QuotedData’s morning briefing 9 June 2022: NextEnergy Solar Fund (NESF) now has its hundredth operating solar asset, an 181kW commercial rooftop solar power asset located on a Holiday Inn in Nottinghamshire. The asset benefits from an attractive 25-year power purchase agreement for 100% of its generated volume. This is the final investment under the […]

08 Jun 2022

Demand for flexible office space back to pre-COVID levels – Workspace

Workspace Group said that demand for its flexible office space in London was back to pre-COVID levels in full year results. The group completed 1,520 lettings in the year with a total rental value of £30m, which saw occupancy increase to 89.6%. The group’s rent roll was up 8.7% to £92.9m, with rent per square […]

07 Jun 2022

LXI REIT reports 18.2% NAV total return in annual results

LXI REIT has reported a NAV total return of 18.2% in the year to 31 March 2022. The company, which is currently going through the process of a merger with Secure Income REIT, has delivered an annualised NAV total return of 11.2% per annum since its launch – comfortably ahead of its 8% per year […]

07 Jun 2022

NewRiver REIT returns to capital value growth

NewRiver REIT’s retail assets returned to capital value growth, with new strategy beginning to pay off. Last year the company set out plans to focus its portfolio entirely on “resilient retail” – which would see its portfolio made up of predominantly retail parks. Its retail portfolio was valued at £649m at 31 March 2022, with […]

07 Jun 2022

Schroder REIT reports sharp rise in NAV

Schroder REIT saw its net asset value (NAV) soar by 25.4% in the year to 31 March 2022, as property capital values rebounded strongly. The group expects capital value growth to slow this year as the rapid rise in inflation creates volatility. However, it added that it does not expect a significant correction in values, […]

07 Jun 2022

QuotedData’s morning briefing 7 June 2022

In QuotedData’s morning briefing 7 June 2022: US Solar Fund (USF) has bought a further 25% interest (Tranche 2) in the 200MWDC Mount Signal 2 solar plant, taking its total ownership to 50% or 100MWDC. The deal was funded with available cash. US Solar Fund’s portfolio now comprises 42 fully operational assets with a combined […]

31 May 2022

QuotedData’s morning briefing 31 May 2022

In QuotedData’s morning briefing 31 May 2022: On 6 May 2022, Foresight Sustainable Forestry (FSF) completed the acquisition of Dove Hill, an afforestation project near Dalry, Scotland with a total area of 70 hectares. The property is said to be well suited for the establishment of a high-yielding woodland creation scheme. It will increase the […]

27 May 2022

QuotedData’s weekly news show 27th May 2022

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 covered the week’s top stories: • Windfall taxes: NextEnergy Solar, Greencoat UK Wind, Bluefield Solar • Fundraising: Gresham House Energy Storage, Home REIT This week’s interview was with Paul Bridge […]

27 May 2022

Home REIT raises £263m to tackle homeless crisis

Home REIT, which funds the acquisition and creation of homeless accommodation across the UK, has raised gross proceeds of £263m in a significantly oversubscribed placing. It smashed its initial target of £150m with strong demand from investors in the capital raise. A total of 228,899,083 new ordinary shares at an issue price of 115 pence […]

26 May 2022

Urban logistics focus pays off for LondonMetric as profits soar

LondonMetric Property reported a profit uplift in annual results of 185% to £734.5m, with its focus on the urban logistics sub-sector boosting values. The group’s portfolio valuation was up £1bn in the year to £3.6bn, helped by valuation gains and new acquisitions. EPRA net tangible assets (NTA) increased by 37.2% to 261.1p, driven by 67.9p […]

26 May 2022

Record results for Picton Property

Picton Property has reported impressive annual results for the year to 31 March 2022, with profit after tax of £147m – its highest since launching in 2005. Net asset value (NAV) was up a massive 24.4% over the 12 months to £657m or 120p per share (2021: £528m and 97p), helped by a 21% like-for-like […]

26 May 2022

QuotedData’s morning briefing 26 May 2022

In QuotedData’s morning briefing 26 May 2022: The Financial Times has a story that there will be a windfall tax on oil and gas firms but, not yet at least, one on energy generators. The idea of an energy generation tax is said to be too complex to implement in a short timeframe. The BBC […]

24 May 2022

Helical delivers solid annual results

London office developer Helical has posted a 7.3% uplift in NAV for the year to 31 March 2022. The highlights of the results were: EPRA net tangible asset value per share up 7.3% to 572p (31 March 2021: 533p) EPRA net disposal value per share up 13.6% to 551p (31 March 2021: 485p) Net asset […]

24 May 2022

Warehouse REIT posts 33.2% NAV total return as it gears up for main market move

Warehouse REIT delivered a NAV total return for the year to 31 March 2022 of 33.2%, as it gears up for a move from AIM to the main market. EPRA net tangible assets (NTA) per share was up 28.6% to 173.8p (31 March 2021: 135.1 pence), thanks to a large increase in the value of […]

24 May 2022

QuotedData’s morning briefing 24 May 2022

In QuotedData’s morning briefing 24 May 2022: Alina Holdings says that due to “the recent collapse in Global Equity Markets, and the board’s relatively bleak economic outlook with the potential for ‘Stagflation’, leading to further stock market declines” it intends to undertake an accelerated strategic review, including the potential sale of the company or liquidation […]

23 May 2022

Fund Manager Brief: Paul Bridge, Civitas Social Housing plc (CSH)

Paul Bridge – Fund Manager Paul is the Chief Executive Officer within the Social Housing strategy. Paul has worked in all aspects of Social Housing for over 20 years and is a senior industry figure. From 2008 to 2014, Paul was Chief Executive of Homes for Haringey, a Registered Provider, where he was responsible for […]

Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.

You live in…

You are a…