Strategic Equity Capital - Quality small cap focus - Strategic Equity Capital (SEC’s) managers believe the current portfolio consists of very high quality smaller companies. The high cash balances that built up in 2016, on the back of events such as the e2v technologies takeover, have, largely, been redeployed. Cash drag and...
Fast Forward's Schoold merging with Lingo Media - FastForward is pleased to announce that investee company, Vested Finance inc (trading as Schoold Inc) in which FastForward has an equity interest of 11.6%, has announced that it has now approved a definitive agreement dated August 10, 2017 to combine in a merger...
Renewables Infrastructure investing in battery storage project - The Board of The Renewables Infrastructure Group has announced that the company has completed the acquisition of a 100% interest in Broxburn, a battery energy storage project which is currently under construction in West Lothian, Scotland. Broxburn, a 20MW battery, was developed and is...
Greencoat UK Wind buys North Hoyle and Slieve Divena wind farms - Greencoat UK Wind PLC has entered into agreements to acquire the North Hoyle and Slieve Divena wind farms from institutional investors advised by JP Morgan Asset Management for a total consideration of approximately GBP105 million. The acquisitions, which are...
VinaCapital Vietnam Opportunities invests in mobile phone distributor - VinaCapital Vietnam Opportunities becomes a major shareholder in FPT Retail, the second largest mobile phone distributor in Vietnam. As part of its divestment strategy, FPT Group (HSX: FPT) is spinning-off its retail distribution unit, and is selling 35% of the shares in FPTR...
London Museum of Photography headed to Whitechapel - Derwent London has announced that it has pre-let the lower ground floors and a new office pavilion at The White Chapel Building, 10 Whitechapel High Street E1, to Fotografiska. Fotografiska runs the world renowned photography museum in Stockholm and will use the...
Ediston sells Phoenix office building in Reading - Ediston Property Investment Company has sold its office building, Phoenix, Reading, to Fidelity UK Real Estate Fund for GBP20,510,602 which is not materially different to the valuation at 30 June 2017. The property extends to c.52,000 sq. ft., is multi-let to four...
Empiric will convert St Mary's hospital Bristol to student housing - The Board of Empiric Student Property has announced that the Group has acquired, on an unconditional basis, the freehold of the former St Mary's Hospital in Bristol for GBP8.08 million (excluding costs). The current site comprises a 3,400 sq m...
VinaCapital Vietnam Opportunities invests in toll road operator - VinaCapital Vietnam Opportunities has become a significant investor in Tasco JSC (HNX: HUT), a leading toll road operator and real estate development company in northern Vietnam, via a private placement. Tasco's private placement raised USD23 million by issuing 21% of post-investment common...