Invista European Real Estate (Ordinary Share) IERE

Property Direct - Europe

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Estimated NAV (p)

4.00

Share Price (p)

N/A

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Invista European Real Estate (Ordinary Share) Price -98.75%
Invista European Real Estate (Ordinary Share) NAV -89.04%
FTSE EPRA/NAREIT EUROPE 76.13%
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 0.1p -97.0% 4.00p 6.00p
31 Mar
1895%

Discrete performance % over

Fund / BenchmarkAug '12
Jul '13
Aug '13
Jul '14
Aug '14
Jul '15
Invista European Real Estate (Ordinary Share) Price-80.006.25-94.12
Invista European Real Estate (Ordinary Share) NAV-36.99-50.72-64.71
FTSE EPRA/NAREIT EUROPE11.2822.3629.34

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 78.00%
Net Current Assets 22.00%
  • 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) 0.33
  • Gross Assets (£M) 207.55
  • Net Assets (£M) 10.95
  • TER (%) 13.07
  • Last AGM 27 Mar 2015
  • Next AGM 27 Mar 2016
  • Last Annual Report Date 28 Feb 2014
  • Next due Report Date  
  • 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:

  • Bas Scheurwater Start: 15 Dec 2011
  • David Casal Start: 15 Dec 2011
  • Dmitri Doublet Start: 15 Dec 2011
  • Marcus Sealinger Start: 15 Dec 2011
  • Tobias Kroczek Start: 15 Dec 2011
  • 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.