(Alliance News) - Life Science REIT PLC on Tuesday celebrated fully letting Building 5 at the Oxford Technology Park to WAE Technologies Ltd, a technology and engineering services provider. Read More
Life Science REIT PLC - life science property-focused real estate investment trust with assets in Oxford, Cambridge and London - Ironstone Asset Management Ltd, the trust's investment adviser, buys 206,500 shares at average 63.04 pence, worth GBP130,891, on Tuesday. Now owns 806,500 shares, a 0.2% stake. The purchase is required under the terms of the contract between the trust and its adviser. Ironstone Managing Director Simon Farnsworth says Life Science REIT's portfolio is "well placed to take advantage of the ongoing critical supply and demand imbalance for lab space in key locations". Read More
(Alliance News) - Life Science REIT PLC on Thursday celebrated a new lease at Oxford Technology Park, England, agreeing to let a property to Quantum Advanced Solutions Ltd. Read More
(Alliance News) - Life Science REIT PLC on Monday celebrated a new lease at Oxford Technology Park, after agreeing to let Building 6A to Oxford Ionics Ltd. Read More
(Alliance News) - Life Science REIT PLC on Friday said that it has completed the sale of Lumen House in Oxford, England to Harwell Science & Innovation Campus. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Life Science REIT PLC - London-based life science property-focused real estate investment trust - Lets out 10,765 square feet across two units at the Innovation Quarter in the Oxford Technology Park to clinical researcher Oxford Gene Technology IP Ltd. Says letting takes all completed space at OTP, let or under offer, to 75%. OTP was acquired by Life Science in May last year. Read More
Life Science REIT PLC - life science property-focused real estate investment trust - Refinances its existing GBP150 million term loan and revolving credit facility, which is secured on its existing portfolio. Says refinanced facilities provided by existing lender HSBC Holdings PLC, with the Bank of Ireland joining the syndicate as an additional lender. The facilities with HSBC and BoI now include GBP100 million fully drawn term loan, increased from GBP75 million, as well as a GBP50 million RCF, with the terms of both extended to March 2026. Additionally, now has GP35 million accordion facility on RCF. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
Life Science REIT PLC - life science property-focused real estate investment trust - Swings to pretax loss of GBP27.5 million in 2022, from profit of GBP7.7 million in 2021. Gross property income jumps to GBP13.1 million from GBP500,000. However, reports GBP31.3 million fair value loss on investment properties, compared to GBP8.0 million gain in 2021. EPRA net tangible assets per share fall to 90.0 pence from 100.2p. Net asset value per share decreases to 91.3p from 100.2p. "At the end of the group's first full year, I am delighted to say that we have delivered on the promises we set out at our IPO in November 2021. We achieved our goal of fully deploying the IPO proceeds within six months, completed our move from AIM to the Main Market and met our dividend target. Our focus now is on executing our business plans for each of the assets, to drive capital values and income growth whilst embedding rigorous ESG practices in all our operations," Chair Claire Boyle says. Read More
(Alliance News) - Life Science REIT PLC on Friday said it has refinanced its existing GBP35.9 million asset-level development debt facility, which was acquired with the company's Oxford Technology Park asset. Read More