INPP sees NAV rise in first half
28th Aug 2014 10:02
British investment company International Public Partnership (INPP) saw its net asset value (NAV) grow 1.8% to £952.1m in the six months ended 30 June. The group's NAV per share increased from 123.0p to 124.8p, while a fully covered cash dividend of 3.15p per share was declared, up 2.5% on last year
Read moreInternational Public Partnerships sells stake in French project
28th Jul 2014 10:30
International Public Partnerships (INPP) has disposed of its holding in Medicast SAS, the Amiens hospital public-private partnership project in France. The 95% holding was sold to Atlante Property Management, a boutique French asset management company specialising in PPP asset management and origin
Read moreIntl Public Partnerships posts solid 2013 NAV growth
27th Mar 2014 09:14
International Public Partnerships moved higher on Thursday morning after the group posted solid net asset value (NAV) growth for the full-year ended December 31st. The NAV climbed 8.6% to £935.4m from £861.0m a year earlier, equal to 123p per share from 121p at the end of 2012. The group reporte
Read moreFTSE 250 movers: Gold miners track Randgold higher
3rd Feb 2014 15:20
Gold miners Centamin and African Barrick Gold tracked sector peer Randgold higher after the FTSE 100 constituent said it hit targets for 2013, boosted gold production to a new record level and expects output to rise over the next five years. A 1.77% increase in the gold price, possibly in reaction
Read moreInternational PPL restructures Building Schools for the Future portfolio
3rd Feb 2014 09:02
International Public Partnerships (INPP) has made a number of acquisitions and disposals within its Building Schools for the Future (BSF) portfolio. The UK investment company will buy a 60% interest in the Kent BSF education project from Kier Project Investments. INPP will invest £7.2m and will
Read moreInt'l Public Partnerships to take over German government office project
27th Jan 2014 07:47
Infrastructure investment firm International Public Partnerships (IPP) has snapped up a majority stake in a project that will build the new office building of the Federal German Ministry of Education and Research in Berlin. IPP is paying €11.9m for a 97% equity interest and 100% of the subordinated
Read moreInternational Public Partnerships raises half-year dividend
29th Aug 2013 09:47
International Public Partnerships (INPP) raised its half-year dividend by 2.5 per cent to 3.075p on the back of net asset value (NAV) growth. NAV grew 7% to £921.3m in the first half compared to a year earlier driven by strong performance across the infrastructure investment company's portfolio of
Read moreIPP results in line with expectations
17th May 2013 09:36
Infrastructure investment company International Public Partnerships (IPP) said its portfolio of 22 assets "performed well" in the first four months of the year. The company's revenue and cash receipts were in line with expectations from January 1st to May 16th as levels of satisfaction remain high
Read moreInternational Public Partnerships buys remaining stake in project
4th Apr 2013 13:01
International Public Partnerships (IPP), the FTSE 250 listed infrastructure investment company, has acquired the remaining 25 per cent interest in the Alberta Schools project in Canada. The company purchased the stake for £7.5m from GVest GP. The project covers 18 schools which were completed in
Read moreInternational Public Partnerships unveils profits rise
28th Mar 2013 07:30
Infrastructure investment company International Public Partnerships (INPP) increased its dividend for the fifth consecutive year as it achieved a rise in 2012 profits. The group raised its dividend by 2.6% on the prior year to 6.0p per share. Pre-tax profit came to £26.8m, up from £13.2m the year
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