3i Infrastructure set to exit stake in French green energy firm Energy FTSE 250 investment trust 3i Infrastructure is poised to sell its stake in French independent green energy operator Valorem in a deal worth roughly €309m (£258m).
Almost 90 per cent of investment trusts are on a discount. When will it change? Investing A significant 88 per cent of all investment trusts are now trading on a discount to their underlying assets, City A.M. can reveal. The gap between the share price of investment trusts and the price of their underlying assets has got so bad that 30 per cent of all trusts now trade on a discount [...]
Columbia Threadneedle property trust bought out for £673m despite management complaints Investing Columbia Threadneedle-run Balanced Commercial Property Trust has reached a deal to be sold for £673.5m, despite objections from its investment manager. The trust has been managed by Columbia Threadneedle since it was created in 2005, and began a strategic review this April after shareholders told it there was “need for change from the status quo”. [...]
Londonmetric makes £120m worth of acquisitions and sales in dealmaking spree September 2, 2024 LondonMetric has made £70m worth of acquisitions and offloaded other assets worth £50m in the real estate investment trust's (REIT) latest dealmaking spree.
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.
Ground Rents Income fund offloads two student sites as it continues to liquidate portfolio February 23, 2024 A British real estate investment trust has offloaded two student accommodation sites in Bristol and Exeter for a total of over £3m.