Londonmetric to hike dividend by a fifth following mega-merger June 4, 2024 Londonmetric swung from a loss to £118m profit in 2024 as the real estate investment trust reported a 22 increase in rental income.
Brookfield Asset Management mulls Tritax Eurobox takeover June 4, 2024 Another real estate investment trust could be about to disappear from the market as a Canadian investment firm chaired by former Bank of England governor Mark Carney is mulling whether to make an offer.
‘A better outcome’: Ground rents investor expresses relief at decision not to cap charges June 2, 2024 Ground Rents Income Fund has said changes to the law are not as bad as epxected.
AI venture capital trust dishes out more funding May 31, 2024 Superseed Capital, a venture capital fund investing in early stage companies focusing on AI and software as a service, has invested almost half a million pounds over the last three months.
The first trust in a year just debuted – and it’s aiming for £500m May 29, 2024 The first public listing for a trust in over a year has unveiled its initial public offering prospectus and is aiming to raise £500m. Special Opportunities REIT (real estate investment trust), an internally managed REIT, said it would look to debut on the London market next month in the largest REIT IPO in well over [...]
London-listed investment trust to go private after less than three years May 29, 2024 Investment company Foresight Sustainable Forestry has received an offer to be taken private.
Nick Train: We ‘acknowledge and apologise’ for our poor performance May 28, 2024 Nick Train, manager of one of the largest funds in the UK, has apologised for his poor investment performance, blaming the "malaise gripping the UK equity market".
US Solar Fund survives vote to kill trust May 22, 2024 In the trust's annual general meeting yesterday, 35.4 per cent of investors voted for it to wrap up.
Regional REIT posts steady earnings amid wider uncertainty May 22, 2024 Property investment trust Regional REIT posted a solid performance in the first quarter of this year, with rent income, collection rates and property value all staying steady despite ongoing uncertainty.
Not another one? Abrdn property trust moves to shutter May 20, 2024 Another Abrdn trust has moved to shutter after struggling to drum up enough interest from investors, as the number of trusts continues to decline rapidly. The £234m Abrdn European Logistics Income trust, which focuses on the European property market, reached the conclusion of its strategic review that in began in December, with its board recommending [...]