M7 Multi-Let REIT plc, a newly established closed-ended investment company, is aiming to raise up to GBP300 million (before expenses) by way of a placing, offer for subscription and intermediaries offer of ordinary shares at an issue price of 100 pence per share.
Warehouse REIT has successfully raised gross proceeds of GBP150 million from an initial public offering (IPO) of ordinary shares in the company. The net proceeds of the Issue are expected to be approximately GBP146.8 million.
Investors from South Africa and Russia are getting a 21 per cent discount on UK property as the market continues to resist substantial falls, according to housebuilding investment platform Homegrown.
There were 331 new listings on The International Stock Exchange (TISE) during the first half of 2017. This represents a 45 per cent increase year on year and took the total number of listed securities on TISE to 2,411 at the end of June.
Warehouse REIT, a newly incorporated, externally managed, closed-ended investment company, is planning to issue of up to 150 million Ordinary Shares to raise gross proceeds of up to GBP150 million via a placing and offer for subscription (including an intermediaries offer) of ordinary shares in the capital of the Company (the Issue), on the Alternative Investment Market (AIM).
LendInvest, an online platform for property lending and investing, has listed a GBP50 million retail bond on the London Stock Exchange’s Order book for Retail Bonds (ORB).
Triple Point Social Housing REIT plc, a new closed-ended investment company investing in UK Social Housing assets, has raised Gross Proceeds of GBP200 million from its IPO.
Real estate company NEPI Rockcastle (NRP), one of the largest real estate companies in Continental Europe, is now trading on Euronext Amsterdam. NEPI Rockcastle’s ordinary shares are listed on Euronext Amsterdam and on the Johannesburg Stock Exchange.
Residential Secure Income has successfully raised gross proceeds of GBP180 million from a new placing and offer for subscription of ordinary shares.
Jaisal Pastakia, Investment Manager at Heartwood Investment Management comments on the sate of the healthcare and biotech sectors…