Civitas Social Housing buys New Walk portfolio - The Board of Civitas Social Housing has announced the purchase of a portfolio of regulated social housing for a total consideration of GBP18.5 million, comprising the freehold interest in 41 properties, with 194 tenancies, in North East England. The portfolio is immediately income generating...
Target Healthcare REIT buys in Leicestershire and Merseyside - it has completed the acquisition of two properties for a total value of GBP16.6 million (including acquisition and forward funding costs): The Amwell in Melton Mowbray, Leicestershire, is an 88 bed home which opened its doors to residents in March 2017....
Premier Energy and Water - 'Significant latent value' Helped by its significant zero dividend preference share borrowings, sterling depreciation and some notable successes within its portfolio, Premier Energy and Water Trust (PEW’s) NAV and share price have beaten the MSCI Utilities Index over the 12 months to the end of...
Riverstone Energy investment Sierra Oil & Gas makes major discovery. Sierra Oil & Gas has announced that the Zama 1 well has discovered significant quantities of oil in its primary target formation. Preliminary analysis indicates the presence of a contiguous oil bearing interval of over 1,100 feet (335 meters) gross, with...
QuotedData is publishing a new update note on a company in the Small Media, Communication & IT Companies sector: Herald Investment Trust - Backing growing businesses The Technology sector has been rising strongly in recent months. This note discusses a number of stocks that contributed to a near 40% increase in...
Phaunos Timber manager resigns - following the loss of the continuation vote, the Manager of Phaunos Timber Fund Limited, Stafford Capital Partners Limited, has informed the Board of Phaunos that it will resign with effect from the Company's General Meeting to be held in August 2017. From that date a...
John Laing Environmental Assets (JLEN) has announced that its placing has raised £40 million through the issue of 38,834,951 new ordinary shares at a price of 103 pence per new ordinary share. JLEN says that the Placing was significantly oversubscribed and applications have been scaled back in accordance with the...
TwentyFour Income Fund (TFIF) has announced its annual results for the year ended 31 March 2017. During the period, the company’s NAV grew by 10.2% whist its share price grew by 12.8% reflecting a widening of its premium to NAV from 1.94% to 4.29%. The company also paid dividends of...
BlackRock Income and Growth Investment Trust (BRIG) has announced that Mark Wharrier, co-portfolio manager of the Company, has resigned to pursue another role. It says that Adam Avigdori, who has been co-portfolio manager of the Company since November 2011, continues as co- portfolio manager, while David Goldman, a senior director...