Home Reit offloads 14 more properties at half the purchase price
The distressed social housing investors has sold another swathe of properties as part of new manager AEW's plan to stabilisation the ailing portfolio.
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Darwall’s European Opportunities launches 25% tender following Saba criticism
The trust had already offered a conditional tender offer in three years if the manager did not beat the benchmark.
SONG suspends dividends till April 2024 as analysts warn of further 'gremlins'
The board of Hipgnosis has been forced to suspend dividends after a review of its financial position.
SONG’s dividend remains suspended
In the aftermath of its failed continuation vote, the board of Hipgnosis Songs Fund (SONG) has provided clarity around the status of its dividend. Hav...
QuotedData’s morning briefing 6 November 2023 – RCOI, EOT, TFG, INOV, HOME
In QuotedData’s morning briefing 06 November 2023: Riverstone Credit Opportunities (RCOI) has announced that it has entered into an agreement with Bre...
James Carthew: If rates have peaked, API and UK Reits look too cheap
Concerns over finance costs and an uncovered dividend have hurt shares in 8%-yielding Abrdn Property Income, but the outlook is improving for it and other UK real estate investment trusts.
QD view – The curious case of abrdn Diversified Income and Growth
abrdn Diversified Income and Growth (ADIG) has endured a tough run over the last few years. The trust invests in a broad range of assets – a total of ...
Peel Hunt slams Arix for taking RTW bid and letting Acacia ‘crack’ its safe with £47m cash
Miles Dixon, analyst at Arix Bioscience's joint broker Peel Hunt, criticises the proposed sale of its assets to rival RTW Biotech, saying the terms are unfair to the fund's smaller shareholders.
QuotedData’s weekly news update 3rd November 2023
Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on YouTube. In this week’s show, James Carthew covered...
Merchants Trust’s Gergel reveals the ‘astonishing’ value in UK equities
In our ‘Big Broadcast’ of this week’s virtual event, Merchants’ fund manager Simon Gergel tells investors about the ‘unprecedented’ opportunity in the UK stock market as interest rates look to have peaked.
Heavy fall knocks fire out of Asia Dragon ahead of New Dawn merger
Chair James Will is bullish about the increased firepower the merged trust will have to invest in very attractive valuations in China, despite a 17% drop in assets in its latest financial year.
Troy Income suspends buybacks before merger
Troy Income & Growth shares dip as company suspends its discount control mechanism, saying it is running out of reserves and is attempting to merge with another trust.
