Edward Marten

Edward Marten

Edward Marten is MD of investor research company QuotedData. They provide free information for investors who find it hard to access high-quality, reliable, equity research on UK and European-listed companies. This is a QuotedData release.

LondonMetric Property sells last Marlow office

LondonMetric Property sells last Marlow office. LondonMetric Property has  announced that it has exchanged on the sale of its last remaining office asset in Marlow to Kildare Partners for GBP68.5 million. The 231,000 sq ft office property is 96.7% let off a WAULT of 7.0 years to Allergan, Dun & Bradstreet,...

Great year for Monks as seven holdings more than double

Great year for Monks as seven holdings more than double

Great year for Monks as seven holdings more than double. Over the year to 30 April 2017, Monks Investment Trust's net asset value total return was 40.0% compared to a total return of 31.0% for the World Index (in sterling terms). The share price total return for the same period was...

Phaunos Timber Fund bites the dust

Phaunos Timber Fund bites the dust - the Board of Phaunos Timber Fund Ltd has announced that at the Annual General Meeting held at 11.00 a.m. on 19 June 2017, all resolutions were duly passed on a poll with the exception of Resolution 7 (the Continuation Vote). As Resolution 7 has not been...

Stefan Gries appointed co-manager of BlackRock Greater Europe

BlackRock Greater Europe has announced that it has been informed that Vincent Devlin, co-portfolio manager of the Company, will be stepping down as portfolio manager. Stefan Gries, a senior Director within the BlackRock’s European Active Equity team has been appointed co-portfolio manager alongside Sam Vecht, who retains principal responsibility for...

HgCapital invests in business messaging service, Esendex

HgCapital invests in business messaging service, Esendex

HgCapital invests in business messaging service, Esendex - HgCapital, the Manager of HgCapital Trust, has today announced an investment in Esendex, a leading provider of mission-critical business messaging services across Europe. On completion of the transaction, Esendex will be merged with existing Mercury portfolio company Mobyt, which provides similar business messaging...

Utilico Emerging lags rising global emerging index

Utilico Emerging lags rising global emerging index

Utilico Emerging lags rising global emerging index as shareholders trail MSCI return by 12.2%. Utilico Emerging has announced an NAV total return (adjusted for the exercise of subscription shares) of 26.2% for the full year to 31 March 2017. However, someone who just held the ordinary shares and no subscription...

Supermarket Income REIT announces £200m IPO

Supermarket Income REIT has announced its intention to launch an initial public offering of its shares on the specialist fund segment of the main market of the London Stock Exchange. Seeking to raise up £200m Supermarket Income REIT is seeking to raise up to £200 million by way of a...

LXi REIT LXI

LXi REIT acquires Yorkshire supported living portfolio for £3.8m

LXi REIT has announced that it has completed the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located in Yorkshire. The purchase price for the Portfolio is £3.8 million, reflecting a net initial yield of 6.0% (net of acquisition costs to the Company). The...

Power price recovery boosts John Laing Environmental NAV

Power price recovery boosts John Laing Environmental NAV - John Laing Environmental says its NAV at 31 March 2017 was 100.1p, up from 96.7p at 31 March 2016. They say that the increase in NAV per share was due primarily to the increase in both short-term electricity prices and forecasts for...

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...

Custodian REIT buys Next distribution unit

Custodian REIT buys Next distribution unit - the company has acquired a 69,922 sq ft distribution unit on Eurocentral, Scotland's leading mixed-use business park on the M8 arterial route between Glasgow and Edinburgh.  Nearby occupiers include DHL, Warburtons, Argos, Wincanton, Norbert Dentressangle and Morrisons. The unit is let to Next...

Hg Capital sells Zitcom

Hg Capital sells Zitcom for £8.8m. HgCapital, the Manager of HgCapital Trust, has announced that it has sold Zitcom, a leading Danish hosting and cloud solutions provider operating in the SME segment, to Intelligent, a Belgian headquartered provider of hosting services. The terms of this transaction were not disclosed. The...

Seneca Global Income & Growth Trust SIGT Changing TackSeneca Global Income & Growth outperforms strongly

Seneca Global Income & Growth – Changing tack

QuotedData is publishing a new update note on a company in the Flexible Investment sector: 170613 SIGT Update QD Seneca Global Income & Growth - Changing tack Seneca Global Income & Growth (SIGT) has continued to outperform its flexible investment peer group, since QuotedData last wrote, while providing lower volatility...

Templeton Emerging Markets shareholders make 48% in a year

Templeton Emerging Markets shareholders make 48% in a year

Templeton Emerging Markets shareholders make 48% in a year. Templeton Emerging Markets (TEMIT) generated a return of 47.8% on net asset value over the year to the end of March 2017. Shareholders did even better as the discount narrowed slightly leaving them with a return of 48.3%. By contrast, the...

Healthier tobacco helps Securities Trust of Scotland outperform

‘Healthier tobacco’ helps Securities Trust of Scotland outperform

'Healthier tobacco' helps Securities Trust of Scotland outperform. Mark Whitehead, head of Martin Currie's newly resourced income team, was appointed as portfolio manager of Securities Trust of Scotland in May 2016. Since taking over, Mark has repositioned the portfolio with a greater focus on companies that exhibit growth and have a strong...

QuotedData investment companies roundup – June 2017

QuotedData investment companies roundup – June 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 April 2017. Kindly sponsored by Baillie Gifford. June Investment Companies Roundup Japan was one of...

European REIT may be new vehicle for Quidnet

European REIT may be new vehicle for Quidnet

European REIT may be new vehicle for Quidnet. Quidnet said, in its most recent report and accounts, that its sale of the final property asset in the European REIT's portfolio, La Gaude, located in Nice, France should complete shortly.  The net sale proceeds to the company will be approximately EUR5.75 million, being 0.74...

LXi REIT buys Leeds care home

LXi REIT buys Leeds care home for £8.4m

LXi REIT buys Leeds care home for £8.4m. The Board of LXi REIT has announced that the company has exchanged contracts to acquire the Priory Care Home, Leeds for GBP8.4 million, reflecting a net initial yield of 6.3% (net of acquisition costs to the company). The Property is fully let...

The London Economic

Land Securities NAV slips as markets pause for breath

Land Securities NAV slips as markets pause for breath For the year ended 31 March 2017, Land Securities NAV slipped as it said that its markets are pausing for breath. The chairman says that “In the London office market, we expected the occupational balance to shift from demand to supply during...

Fidelity China’s Dale Nicholls doubles investors’ money in three years

Fidelity China's Dale Nicholls doubles investors' money in three years. Nicholas Bull, chairman, said "It is now increasingly accepted by investment professionals that China's sheer economic size, along with its record of delivering year on year growth, means that anyone building an investment portfolio should consider having an exposure to...

NextEnergy adds another 76.4MWp

NextEnergy adds another 76.4MWp - 16.6MWp split among four operating plants and 59.8MWp in development projects. The three operating solar plants, acquired from one seller, comprise Barnby (4.99MWp, Nottinghamshire), Bilsthorpe (4.99MWp, Nottinghamshire) and Wickfield (4.90MWp, Wiltshire). All three plants were connected to the grid during March 2017 and are expected to...

Duke Royalty river cruise finance paying off

Duke Royalty river cruise finance paying off. Duke's inaugural royalty investment, successfully launched its maiden voyage for its third vessel, the Carmen.  Duke says that this marks a memorable day for Temarca and demonstrates the rapid progress made since Duke's EUR8 million royalty investment which was concluded in April 2017....

Page 8 of 8 1 7 8