Blue Capital Alternative statement on Irma - "On 10 September 2017, Hurricane Irma made initial U.S. landfall near the Florida Keys, Florida as a major hurricane followed by substantial rainfall and flooding. The Investment Manager has now commenced its normal post-event procedures to estimate any loss to the Company from...
QuotedData is publishing a new update note on a company in the Flexible Investment sector. Seneca Global Income & Growth - Steady reduction in equity exposure Over the past year, Seneca Global Income & Growth (SIGT) has delivered returns well in excess of its new benchmark (see page 2), further...
Crystal Amber lays out case for its portfolio after bumper year - Crystal Amber's NAV increased by 32.9% over the year to the end of June 2017. They declared interim dividends of 2.5 pence in both July 2016 and December 2016, in line with the dividend policy of 5.0 pence...
LXi REIT buys another supported living portfolio - LXi REIT has exchanged contracts on the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located across England. The purchase price is GBP12.9 million, reflecting a net initial yield of 6.0% (net of acquisition costs). Each property is immediately...
Since its launch in March 2014, John Laing Environmental Assets Group (JLEN) has built up a diverse portfolio of wind, solar, anaerobic digestion, waste and wastewater projects. It uses most of the revenue from these to pay its dividends (currently a yield of 5.9%) and the balance goes to reinvest...
Custodian REIT buys Plymouth warehouse - Custodian REIT has acquired a 35,000 sq ft retail warehouse on Transit Way Retail Park, Plymouth, near the A38 Devon Expressway. The site comprises two units occupied by Magnet and B&M, with nearby retailers including Argos, Tesco, Lidl and Matalan. The units' leases expire...
Travelodge, Salvation Army and Wet'n'Wild for AEW Long Lease - AEW UK Long Lease REIT has announced the acquisition of a hotel and retail unit on Princes Street, Swindon for GBP6.3m. The 35,000 sq ft property, which comprises a Travelodge hotel and Salvation Army centre, provides a weighted average unexpired...
Civitas adds three supported living portfolios - Civitas Social Housing REIT has completed the purchase of three portfolios of specialist supported living for a total consideration of GBP5.8 million, comprising the freehold interest in 11 properties, with 52 tenancies. The portfolios are immediately income generating with an initial net yield...
Ground Rents to offer inflation linked alternative to doubling rents - On 2 August 2017, Ground Rents Income Fund issued a Corporate Update in light of media attention on ground rents and the launch by the Communities Secretary, Sajid Javid, of a consultation on proposals to amend leasehold legislation. The...