London close: Stocks fall as US inflation tops expectations

13th Feb 2024 16:21

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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London close: Stocks fall as US inflation tops expectations

13th Feb 2024 16:21

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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London close: Stocks finish higher after very quiet Monday

12th Feb 2024 17:11

(Sharecast News) - London markets managed modest gains by the close of a subdued trading session on Monday, with no significant corporate or economic catalysts driving movements.

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Tritax Big Box makes £924m bid for UKCP

12th Feb 2024 07:10

(Sharecast News) - Tritax Big Box said it had agreed terms on a possible bid for UK Commercial Property REIT in an all-share deal worth £924m.

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Phoenix Life pours cold water on UKCM-Picton merger

21st Nov 2023 08:25

(Sharecast News) - A potential merger between UK Commercial Property REIT (UKCM) and sector peer Picton was on the rocks on Tuesday after being denied by UKCM's majority shareholder, Phoenix Life.

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UK Commercial Property REIT in talks with Picton on possible merger

8th Nov 2023 07:59

(Sharecast News) - UK Commercial Property REIT on Wednesday said it was in talks with Picton Property Income Limited on a possible all-share merger.

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UKCM reports robust second quarter amid challenging market

8th Aug 2023 07:40

(Sharecast News) - UK Commercial Property REIT (UKCM) reported robust growth and stability in its £1.26bn portfolio of UK real estate in a second-quarter update on Tuesday.

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UKCM sells Wembley180 asset for £74m

26th May 2023 07:21

(Sharecast News) - UK Commercial Property REIT said it had sold its Wembley180 logistics asset in London to Covent Garden IP for £74m.

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Director dealings: HSBC execs spend almost £0.5m, UKCP REIT director invests

17th May 2023 14:53

(Sharecast News) - HSBC was at the top of the list of director buys on Wednesday, after two of its executives purchased shares under its 2011 share plan.

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UKCM FY EPRA earnings grow despite NAV decline

5th Apr 2023 09:10

(Sharecast News) - Real estate investment trust UK Commercial Property REIT posted increased EPRA earnings in 2022 despite seeing net asset values decline.

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UKCM maintains dividend as net asset value falls

7th Nov 2022 09:13

(Sharecast News) - UK Commercial Property REIT maintained its dividend in its latest quarterly update on Monday, even after its net asset value fell 10.1% to 101.5p per share.

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UK Comm Prop REIT buys Leeds hotel project site for £62.7m

12th May 2022 07:55

(Sharecast News) - UK Commercial Property REIT said it had bought a hotel development opportunity in Leeds, from Marrico (Sovereign Square) Ltd, a joint venture between Marrico LLP and Helios for £62.7m.

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UK Commercial Property REIT's NAV grows in Q4

3rd Feb 2022 08:04

(Sharecast News) - Real estate investment trust UK Commercial Property said on Thursday that its net asset value rose 7.9% to 102.0p per share in the fourth quarter.

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UK Commercial Property acquires Precision Park in Warwick

22nd Dec 2021 07:09

(Sharecast News) - Real estate investment trust UK Commercial Property has acquired an industrial/business park in Warwick focussed on life sciences and technology as part of a deal valued at roughly £94.0m.

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