Tesco and Sainsbury’s landlord reports profit boom despite declining assets March 13, 2024 Supermarket Income REIT, which rents out properties to some of the UK's biggest supermarkets, saw operating profit jump 18 per cent last year, even as its net assets dropped eight per cent in the same period.
Abrdn: Investment trust cost disclosure reform ‘at risk of stalling’ March 13, 2024 Reforms around the cost disclosure of investment trust that the sector has been clamouring for are "at risk of stalling", Abrdn has warned.
Regional REIT weighs options as £50m bond deadline approaches March 12, 2024 The real estate investment trust has £50m in retail bonds set to mature in August, but fears that it is strapped for cash to pay them off have been rampant for months.
Embattled energy trust crashes after relisting on London Stock Exchange March 7, 2024 The trust began trading on the London Stock Exchange from 3:30pm yesterday after the trust published its delayed annual and interim results in January.
Digital 9 Infrastructure overcomes antitrust roadblock in plan to shutter trust March 6, 2024 Digital 9 Infrastructure is currently in the midst of laying out plans to wind down the trust, which would include selling off data centre solutions firm Verne Global.
Spring Budget 2024: Investment trusts push for fee disclosure changes March 4, 2024 The issue of fee disclosure has long been an issue for the sector, with the Association of Investment Companies (AIC) leading the charge against this 'double dipping'.
Low wind speeds hit Greencoat UK Wind’s portfolio February 29, 2024 The trust, which invests solely in windfarms, revealed in its annual results that electricity generation in its assets fell 13 per cent throughout the year due to "low wind."
HICL Infrastructure sells toll-road stake to finance share buyback February 28, 2024 The trust said today that it had entered an agreement to sell its entire stake in the US Northwest Parkway toll-road project for $232m (£183.4m)
Digital 9 Infrastructure lays out plans to shutter trust February 28, 2024 The board of embattled investment trust Digital 9 Infrastructure has today laid out plans to wind down the company.
Troubles for Custodian as bidding war over Abrdn property trust escalates February 22, 2024 Custodian's attempt to buy the Abrdn Property Income Trust have been further impeded after two asset managers dropped support for the deal.