Outmoded property funds face uphill struggle to sell assets
The race to liquidate open-ended property funds has begun, but which assets are expected to sell, and who will be buying?
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BioPharma's continuous discount triggers double continuation vote
Distressed LumiraDx loan has driven a derating in the shares, which have fallen to a 10% year-average discount, triggering a continuation vote, on top of its triennial vote already scheduled for the May AGM.
James Carthew: Where is investment companies’ Brexit dividend?
Seven years after Brexit, EU red tape still smothers the investment companies with over-simplified cost disclosure rules that discourage investors from holding their shares.
SONG under pressure to avoid Mercuriadis' £24m exit fee
There’s a possibility that contract with founder Merck Mercuriadis will be terminated for ‘cause’.
Alarmed investor and developer demands Digital 9 strategic review
Aqua Ventures gives Digital 9 Infrastructure’s board until Friday to act or face an emergency general meeting at which it will attempt to replace the directors.
Mobius: Gearing a possibility after strong performance
The emerging market mid-cap fund has tripled the gains of its benchmark index since launch five years ago.
Refinancing burden could turn the screw on renewable divi cover
The cost of refinancing debt at a higher interest rate level could impact dividend cover for highly leveraged renewable funds, says Stifel.
Refinancing burden could weaken renewable funds’ dividend cover
The cost of refinancing debt at a higher interest rate level could impact dividend cover for highly leveraged renewable funds, says Stifel.
TRIG eyes more disposals to reduce debt, says it may buy back shares
The Renewable Infrastructure Group (TRIG) holds out possibility of share buybacks to reduce its wide discount but prioritises using its strong cashflows to repay borrowing.
Short-sellers gather at 7.7%-yielding Primary Health Properties
Third quarter update from specialist real estate investment trust overshadowed by appearance of four short-sellers betting the shares will continue to struggle with high interest rates.
Digital 9 plans to sell of its crown jewel Verne
The Triple Point digital infrastructure fund aims to sell its complete stake in Verne Global as it tries to win back shareholders after last month's dividend cut.
Digital 9 plans to sell off its crown jewel Verne
The Triple Point digital infrastructure fund aims to sell its complete stake in Verne Global as it tries to win back shareholders after last month’s dividend cut.
