International Property Securities Exchange (IPSX) is a new Regulated Investment Exchange regulated by the FCA and is the world’s first such exchange dedicated to the initial public offering and secondary market trading of institutional grade commercial real estate assets. IPSX Wholesale is a market exclusively for institutional and professional investors and for issuers with an…
Mailbox REIT plc makes history as first company to list on IPSX
LONDON: Mailbox REIT plc has become the first company to be admitted to trading on IPSX, the International Property Securities Exchange (IPSX), marking an historic moment for the UK’s newest stock exchange – the first to be launched in 7 years in the UK. The Company has raised £25.85 million from the issue of 25.85…
China’s Big Data Expo 2021 to start online show on May 20
GUIYANG: China International Big Data Industry Expo (CIBDIE) 2021 will be held in southwest China’s Guiyang City from May 26 to 28, a news release said. The event, country’s leading big data expo, integrates online and offline participation, featuring conferences, exhibitions, new product launches, contests and other activities. A professional exhibition will be held both…
LXi REIT to buy storage, sales and customer services facility in Doncaster
LONDON: LXi REIT has exchanged contracts to acquire a click & collect, storage, sales and customer services facility in Doncaster, which will further utilise the Group’s revolving credit facility. The Acquisitions, which are for a total cost of £6.1 million, benefit from an accretive average net initial yield of 5.75% (net of acquisition costs), a…
Cibus Nordic announces EUR 25.5m real estate portfolio purchase in Finland
STOCKHOLM: Cibus Nordic Real Estate AB has today signed the purchase of a real estate portfolio of three assets in Finland for EUR 25.5 million, a news release said. The transaction is targeted to close on May 17, 2021. The assets have a lettable area of approx. 16,000 sqm and are located in the Jyväskylä,…
Bergen Carbon Solutions signs development and research agreement with a Japanese company
BERGEN: Bergen Carbon Solutions AS announced a Letter Of Intent (LOI) with a Japanese company for a business development and research cooperation for the expansion of green carbon-nanofibers applications. The agreement is the second LOI with a Japanese company for Bergen Carbon Solution. “We´re excited to announce our second initiative in Japan, highlighting the strong…
Hexagon Agility receives $15.7 million orders for CNG/RNG trucks
OSLO: Hexagon Agility, a business of Hexagon Composites, signed a master services agreement in June 2020 with a global logistics customer to deliver compressed natural gas (CNG) and renewable natural gas (RNG) fuel systems for medium and heavy-duty trucks. Hexagon Agility received its sixth set of orders in 2021 under this agreement, which represent an…
Etalon Group sells 64.86 million GDRs for $150.42 million
MOSCOW: Etalon Group Plc (MCX: ETLN) announced the results of its previously announced marketed offering (Rump Offering) to institutional investors of newly issued ordinary shares of the Company in the form global depositary receipts (GDRs) by means of a book-building on 13 May 2021. In the Rump Offering, a total of 64.865 million GDRs were…
Polymetal achieved prime status in ISS ESG Corporate Rating
LONDON: According to the most recent ISS ESG Corporate Rating, Polymetal’s score improved from С+ to B-, crossing the Prime threshold. The ISS ESG Corporate Rating is a holistic, annual review of how companies implement and execute sustainability policies. Prime status is attributed to those companies with an overall ESG performance above the sector-specific Prime…
LondonMetric buys three urban logistics warehouses for £19 million
LONDON: LondonMetric Property Plc (LON: LMP) announced the acquisition of three urban logistics warehouses in Croydon, Dunstable and Warrington for £18.7 million, reflecting a blended NIY of 4.3% and a reversionary yield of 5.3%. The warehouses have been acquired in separate transactions and have a WAULT of five years. In Croydon, a highly reversionary 28,000…
MaxCyte Inc plans public offering of shares on Nasdaq Stock Market
MARYLAND: MaxCyte Inc. (LON: MXCT) has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC) relating to a proposed dual-listing and public offering of shares of common stock on the Nasdaq Stock Market. The number of securities to be offered and the price for the proposed Offering have…
Resolute Mining appoints Stuart Gale as MD & CEO
SYDNEY: Resolute Mining Limited (ASX: RSG) announced the appointment of Stuart Gale as Managing Director (MD) and Chief Executive Officer (CEO) effective today. In addition to the CEO appointment, announced the appointment of Terry Holohan as Chief Operating Officer (COO) effective from 17 May 2021. Since joining Resolute in January 2020 as Chief Financial Officer,…