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 Kent, West Sussex and Gloucestershire. The purchase price for the Portfolio is £3.2 million, reflecting a net initial yield of 6.0% (net of acquisition costs to the Company). Lxi REIT says that the properties in the Portfolio comprise specialist, high quality supported living homes for individuals with physical and/or mental disabilities or other care needs....
It's a wonderful milestone for a company when it reaches the point where it can expand into overseas operations. The term "multinational" is used to describe these firms, and the title of being a multinational corporation is one of distinction. A company that has become so successful as to have the opportunity to do business on other continents is held in the highest regard by everyone from stockholders to customers. Of course, it takes more than a terrific sales volume...
Theresa May’s “coalition of chaos” looked in real trouble today on the eve of the Queen’s speech with the support of the Democratic Unionist Party looking in doubt today - ten days after she announced a vote support deal had been agreed. The day after Brexit talks began, Theresa May faces any chance of a Westminster majority crumbling as DUP sources told Sky News that talks "haven't proceeded in a way that DUP would have expected." The Queen will speak in the...
A Syrian family now settled in the UK paid £45 to smuggle their baby to Lebanon in a suitcase as they fled their war torn village. Zak Al Halak, 34, his wife Ghaliya, 25, and their three children Amneh, five, Omar, three, and Zineddine, one, are just one of 15 Syrian families who have found refuge in the UK last year. As part of the Syrian Vulnerable Persons Resettlement Programme, the family now lives in Brightlingsea, Essex. As the country...
One of the most effective methods to gauge current attitudes of the UK population is by observing their voting habits. Although, given recent uncertainty this should come as no surprise but what we have learnt is which factors influence voter decisions; the type of political and social "barometer" that should help the government better address the needs of the populace while simultaneously highlighting areas that may serve to predict future changes. We looked at some of the results garnered from...
In a new report, poorer university students are less likely to obtain the necessary skills to appeal to employers once they graduate, in the current higher education climate. The data from the Bridge Group Social Mobility and University Careers Services report, found that poorer students were less likely to participate in extra-curricular activities domestically and abroad, accept internships and obtain work related to their course. The extortionate tuition fees increased by the Conservatives are suggested to be one of the...
By Linda Marric One thing is sure about Colin Trevorrow’s The Book of Henry is that it has managed to polarise opinions from one extreme to the other. There are those who simply don't get what the fuss is about, and those who will see beyond its obvious flaws and prefer to focus on what makes this film so genuinely touching and so deeply likeable. Centring around themes of growth, loss and family ties, the film is definitely not perfect...
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 the Company’s emerging European portfolio. About Stefan Gries Stefan Gries joined BlackRock’s European equity team in 2008, after previous roles at Scottish Widows, Aberdeen Asset Management and Deutsche Bank. Stefan...
With a brazenly cocksure attitude, cult Belgian filmmaker Bavo Defurne’s disappointingly innocuous sophomore feature, Souvenir, begins with a credits sequence that plays against a lively backdrop of sparkling effervescence. Coupled with the starry-eyed score, composed by American pianist Thomas Lauderdale’s ‘Pink Martini’ music group, it’s a film that promises its audience plenty of fizz and flavour, but instead offers them something that’s flat and tasteless. A strong, seasoned performance from Isabelle Huppert is just about enough to make it all...
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