There was a telling piece of information in the latest trading update from UK property investor British Land (BLND). Faced with a situation where Facebook-owner Meta Platforms (META:NASDAQ) had decided break its lease on 1 Triton Square on British Land's Regent's Place 'campus' (at a cost to the social media giant of £149 million), the latter felt confident enough to reject Meta's offer of an...

According to data from the AIC, the average investment trust discount to net asset value has widened from 12.2% at the end of 2022 to 14.5% as of 8 September 2023, while sector averages have generally widened. The exception is private equity, which narrowed from 25.1% to 4.5%, skewed by 3i's (III) dramatic swing from discount to premium.While this presents an opportunity to buy into parts of...