Standard Life Investments Property Income Trust - Unaudited Net Asset Value as at 31 March 2021
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LEI: 549300HHFBWZRKC7RW84
Net Asset Value and Valuations
· Net asset value ( NAV ) per ordinary share was 85.3p (Dec 2020 - 82.0p), an increase of 4.0%, resulting in a NAV total return, including dividends, of 4.9% for Q1 2021;
· The portfolio valuation (before CAPEX) increased by 2.5% on a like for like basis, whilst the MSCI Monthly Index increased by 0.9% over the same period.
Investment and letting activity
· Further restructuring of the portfolio to have assets fit for purpose in a post COVID-19 world with the completion of three sales - two of them were offices (Derby: £4.65m and Dartford: £3.1m) and one a retail warehouse in Bradford for £2.65m.
INVL Baltic Real Estate Interim information for 3 months of 2021
Nachrichtenquelle: globenewswire | 30.04.2021, 18:02 | 108 | 0 For 3 months of 2021, the unaudited consolidated net profit of the INVL Baltic Real Estate group was EUR 121 thousand, revenue was EUR 601 thousand (for 3 months of 2020 consolidated net profit was EUR 404 thousand, revenue was EUR 1,488 thousand). The unaudited net profit of INVL Baltic Real Estate itself amounted to EUR 121 thousand for 3 months of 2021 and EUR 454 thousand for 3 months of 2020.
Additional information: Real estate investment company INVL Baltic Real Estate’s consolidated net profit for the first quarter of this year was EUR 121 thousand, a decrease of 70% compared to the same period of 2020.
1.1. Shareholders of
Baltic Real Estate for 2020 (there is no voting on this issue of agenda).
2. Presentation of the independent auditor s report on the financial statements and consolidated annual report of the
INVL Baltic Real Estate
2.1. Shareholders of
INVL Baltic Real Estate are presented with the independent auditor s report on the financial statements and consolidated annual report of
INVL Baltic Real Estate (there is no voting on this issue of agenda).
3. Regarding the assent to the remuneration report of
INVL Baltic Real Estate, as a part of the consolidated annual report of
INVL Baltic Real Estate for the year 2020
3.1. To assent to the remuneration report of
Investment Committee of INVL Baltic Real Estate (hereinafter – “
the Company“) acting on behalf of INVL Asset Management, the Management Company of INVL Baltic Real Estate (hereinafter- “
the Management Company”), informs that during the upcoming Company‘s General Shareholders Meeting, to be held on 29 April 2021, it is proposed to the shareholders of the Company to allocate a dividend of EUR 0.12 per share for the year 2020, when voting for the profit (loss) distribution of INVL Baltic Real Estate for the year 2020 (the total amount for dividends allocation would amount to EUR 1 million).
The Company s Investment Committee also proposes the General Shareholders Meeting of the Company to approve the reduction of the authorized capital of the Company in order to cancel 5,088,586 units of ordinary registered own shares acquired by INVL Baltic Real Estate during the buy-back of shares process and to approve the formation of a supervisory board of the Company. In order t
the Meeting“) of INVL Baltic Real Estate (hereinafter – “
the Company“) that was held on 14 January 2021 on the repurchase of own shares of the Company due to material changes in the incorporation documents of the Company and taking into account that an obligation has arisen for the Company to buy back the shares of the Company of shareholders opposing the decisions or not participating in the meeting or abstaining from voting, on 15 January 2021 the Management Company INVL Asset Management, UAB (hereinafter – “
the Management Company“) provides an approved detailed procedure for the buy-back of the Company’s shares, according to which the buy-back of the Company’s shares shall be carried out.