By Matthew Peake, Partner, Cluttons Investment Management – Whilst Central London continues to attract significant global capital, investment in the regions over the last two years was up on 2016, with overseas investors accounting for a significant proportion of that.
SDCL Energy Efficiency Income Trust (SEEIT) a newly established closed-ended investment company incorporated in England and Wales, is seeking to raise GBP150 million via an initial public offering to acquire a seed portfolio of 12 energy efficiency projects and contracted investment opportunities across the UK, together with a strong pipeline of near and medium-term investment opportunities.
Carey Olsen's Guernsey funds team and funds service provider JTC have assisted CEIBA Investments Limited with its listing on the Specialist Fund Segment (SFS) of the London Stock Exchange to fruition.
Fiona Le Poidevin, CEO of The International Stock Exchange Group (TISEG), looks at the data and finds that The International Stock Exchange (TISE) has been the listing venue of choice for UK Real Estate Investment Trusts (REITs) so far in 2018.
Mark Oliphant (pictured), Head of Communications at The International Stock Exchange Group (TISEG), looks at why more than a quarter of all HMRC approved Real Estate Investment Trusts (REITs) are listed on The International Stock Exchange (TISE).
The Multifamily Housing REIT, a closed-ended real estate investment trust established to invest in existing built, regional UK private rented sector homes, is looking to raise gross proceeds of GBP175 million from an initial public offering on the London Stock Exchange.
By Fiona Le Poidevin, TISE – There were 705 new listings on The International Stock Exchange (TISE) during 2017, which was an increase of 40 per cent on the previous year. In the first quarter of 2018, there was a 16.5 per cent rise year on year in new business, which took the total number of listed securities on the Exchange to 2,606 at the end of March 2018. These listings comprise a mix of equity and debt being issued by operating companies and nearly 400 securities issued by investment vehicles, including open and closed-ended funds and more than a quarter of all HMRC approved Real Estate Investment Trusts (REITs).
Law firm Paul Hastings has advised Redsun Properties Group Limited, a property developer in Jiangsu Province, China, on its USD234 million global offering and IPO on the Hong Kong Stock Exchange.
Eurocommercial Properties (ECMPA), a retail property investment company, has begun trading on Euronext Brussels.
Tritax, the investment manager of Tritax Big Box REIT, is exploring the launch of a new UK investment trust focused on investing in the Continental European logistics market through an Initial Public Offering on the London Stock Exchange.