LONDON, UK: Stenprop Limited, the UK multi-let industrial (MLI) property company, has acquired two MLI estates, comprising 58 units, in Durham and West Bromwich. The assets have been purchased in separate transactions for a total consideration of £14 million. Mandale Business Park, located on the Belmont Industrial Estate on the outskirts of Durham, was acquired…
Supermarket Income REIT buys a Tesco Extra, an Aldi Supermarket in Beaumont Leys, Leicester
LONDON: Supermarket Income REIT has announced the acquisition of a Tesco Extra, and an Aldi supermarket in Beaumont Leys, Leicester from British Land PLC. The Tesco store was originally developed in the 1980’s and subsequently extended and refurbished in 2007 to a 97,000 sq ft net sales area Tesco Extra. The site has parking provision…
Warehouse REIT buying warehouse portfolio across UK for £44 million
LONDON: Warehouse REIT plans to acquire a portfolio of five single-let and multi-let warehouse assets located across the UK owned by Greenstone Property Holdings Limited. The purchase price of £43.6 million reflects an attractive blended net initial yield of 6.7% and provides a combined WAULT of 5.5 years. Located in established logistics markets, the portfolio…
Wood sells interest in TransCanada Turbines for $67 million
LONDON: Wood Group, the global engineering and consultancy company, has completed the sale of its joint venture interest in TransCanada Turbines to joint venture partner TC Energy for a cash consideration of US$67 million. The deal represents a multiple of approximately 7.6x Wood’s share of expected 2020 EBITDA, a news release said. The sale forms…
Mutares signs agreement to sell its 80% share in Nexive Group to Poste Italiane
MUNICH: Mutares SE & Co. KGaA has signed a Heads of Agreement for the sale of its 80% share of Nexive Group S.r.l., headquartered in Milan, to Poste Italiane S.p.A, a news release said. The Nexive business was acquired in July2020 from PostNL, who still holds the minority share of 20% in the entity that…
Anthem Inc.
Anthem Inc., is a provider of health insurance in the United States. It is the largest for-profit managed health care company in the Blue Cross Blue Shield Association. As of 2018, the company had approximately 40 million members. Anthem is ranked 29th on the Fortune 500. Prior to 2014, it was named WellPoint, Inc. The…
Antero Resources Corporation
Antero Resources Corporation is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado. The company’s reserves are entirely in the Appalachian Basin (92% were in the Marcellus Shale and 8% were in the Utica Shale) and are extracted using hydraulic fracturing. As of December 31, 2019, the company…
Annaly Capital Management
Annaly Capital Management is one of the largest mortgage real estate investment trusts. It is organized in Maryland with its principal office in New York City. The company borrows money, primarily via short term repurchase agreements, and reinvests the proceeds in asset-backed securities. As of December 31, 2019, 93% of the company’s assets were mortgage-backed…
AngloGold Ashanti Limited
AngloGold Ashanti Limited is a global gold mining company. It was formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation. It is now a global gold producer with 21 operations on four continents. The company is listed on the New York, Johannesburg, Accra, London and Australian stock exchanges, as well as…
Anaplan Inc.
Anaplan Inc. is a global cloud-based planning software company headquartered in San Francisco, California. Anaplan sells subscriptions for cloud-based business-planning software and provides data for decision-making purposes in areas ranging from finance to human resources. Traded as: NYSE: PLAN; Russell 2000 Index component Industry: Enterprise Performance Management, Software Company Founded: 2006 in Yorkshire, England Founder: …
AMREP Corporation
AMREP Corporation is a real estate and media services company based in Princeton, New Jersey, in the United States, and was founded in 1961 as The American Realty and Petroleum Corporation. Traded as: NYSE: AXR; Russell Microcap Index component Industry: Land Development, Media Services Founded: 1961 Headquarters: Princeton, New Jersey, United States Website: www.amrepcorp.com
Amplify Energy Corp
Amplify Energy Corp is an oil company based in Houston, Texas. It trades as NYSE: AMPY and has 230 employees. https://www.amplifyenergy.com/home/default.aspx