Invista European Real Estate (Ordinary Share) IERE

Property Direct - Europe

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Estimated NAV (p)

12.00

Share Price (p)

N/A

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Invista European Real Estate (Ordinary Share) Price -90.12%
Invista European Real Estate (Ordinary Share) NAV -78.15%
FTSE EPRA/NAREIT EUROPE 62.76%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 2.9p -75.4% 12.00p 12.00p
30 Jun
817%

Discrete performance % over

Fund / BenchmarkOct '11
Sep '12
Oct '12
Sep '13
Oct '13
Sep '14
Invista European Real Estate (Ordinary Share) Price-50.62-68.75-36.00
Invista European Real Estate (Ordinary Share) NAV-27.48-36.99-52.17
FTSE EPRA/NAREIT EUROPE18.0211.0024.24

Discrete performance over

Discrete Performance

Top 10 Holdings

Heusenstamm, Frankfurt, Germany 16.67%
Riesa, Germany 11.76%
Cergy, Paris, France 9.48%
Grenoble, France 5.25%
Miramas, Aix-en-Provence, France 5.14%
Monteux, France 4.91%
Marseille, France 4.79%
Pocking, Germany 4.45%
Alovra, Spain 4.11%
Solingen, Germany 3.54%

Sectors weighting

Property 91.90%
Net Current Assets 8.10%
  • Investment trust info:

  • Sector Property Direct - Europe
  • Launch Date 20 Dec 2006
  • Base Currency GBX
  • Domicile Luxembourg
  • Share Price (p) N/A
  • Share Type Ordinary Share
  • TIDM IERE
  • ISIN LU0273211432
  • Shares Issued (M) 260
  • Market Capital (£M) 7.47
  • Gross Assets (£M) 247.78
  • Net Assets (£M) 30.32
  • TER (%) 8.30
  • Last AGM 28 Mar 2014
  • Next AGM 28 Mar 2015
  • Last Annual Report Date 28 Feb 2014
  • Next due Report Date 31 Mar 2014
  • Next due Report Type I/R
  • Objective:

  • To realise its existing portfolio of properties and to return capital to shareholders.
  • Management Group(s):

  • Internos Global Investors Limited
  • Invista Real Estate Investment Managment
  • Managed by:

  • Team Managed Start: 15 Dec 2011
  • Team Managed Start: 15 Dec 2011
  • Team Managed Start: 15 Dec 2011
  • Tony Smedley Start: 20 Dec 2006
  • Management Contract & Fees:

    From 15 December 2011, when Internos took on the management of the Company's assets from Invista, the Company agreed to pay Internos pursuant to the Internos IAA a management fee of 1.25% per annum on the net asset value attributable to the Company's ordinary shareholders, subject to a minimum of EUR 1m p.a. In addition, the Company will pay Internos a realisation fee equal to 12.5% of the amount by which cash returned to ordinary shareholders exceeds EUR 82.8m (being the average market capitalisation in the 30 days preceding this announcement converted at the GBP/EURO exchange rate at the close of business on 29 June 2011), compounded thereafter at 10% per annum.