UK Commercial Property Trust H1 performance boosted by increase in asset values
28th Sep 2021 08:00
(Sharecast News) - Real estate investment trust UK Commercial Property Trust said on Tuesday that its interim performance had improved, driven by stronger asset valuations on the back of a recovering economic outlook.
Read moreUK Commercial Property acquires Trafford Retail Park
14th Sep 2021 10:37
(Sharecast News) - Real estate investment trust UK Commercial Property has acquired Trafford Retail Park from Peel L&P for £33.0m.
Read moreUK Commercial Property confident after tough 2020
23rd Apr 2021 08:23
(Sharecast News) - UK Commercial Property reported a year-end net asset value of £1.1bn in its final results on Friday, representing a negative total net asset value return in the year of -0.9%, as valuations came under pressure amid the Covid-19 pandemic.
Read moreUKCM sells Sheffield office asset for £17m
1st Mar 2021 08:22
(Sharecast News) - UK Commercial Property REIT (UKCM) announced the sale of Hartshead House, a single-let office investment in Sheffield, to Arella Property Holding on Monday, for £17m.
Read moreUK Commercial Property REIT buys supermarket, student assets
22nd Dec 2020 07:36
(Sharecast News) - UK Commercial Property REIT has acquired an ASDA supermarket in Torquay, Devon, it announced on Tuesday, for £16.6m from Aviva Investors.
Read moreUK Commercial Property sells Tunbridge Wells retail park
10th Sep 2020 09:08
(Sharecast News) - Real estate investment trust UK Commercial Property has sold the Great Lodge Retail Park in Tunbridge Wells to M7 Real Estate for a total of £46.25m, less rent guarantee deductions.
Read moreUK Commercial Property post positive NAV return amid turbulent markets
2nd Jun 2020 09:57
(Sharecast News) - UK Commercial Property REIT (UKCM) reported a year-end net asset value of £1.2bn in its final results on Tuesday, representing a positive net asset value total return of 0.1% for the year.
Read moreUK Commercial Property REIT slashes quarterly dividend
27th Apr 2020 07:34
(Sharecast News) - UK Commercial Property REIT slashed its quarterly dividend as it worked to continue rent collection during the Covid-19 pandemic on Monday, .
Read moreUKCM sells Portsmouth's Motor Park at 3pc discount
9th Mar 2020 09:31
(Sharecast News) - UK Commercial Property REIT has sold Motor Park in Portsmouth - a multi-use asset primarily made up of seven car showrooms - to Glasgow City Council, for ?29.8m, it announced on Monday.
Read moreUK Commercial Property REIT NAV falls as it exits some retail assets
31st Oct 2019 11:51
(Sharecast News) - UK Commercial Property REIT reported a net asset value per share of 90.5p as at 30 September on Thursday, up from 93.2p at the end of June, resulting in a net asset value total return of -1.9% for the quarter, with a continued low net gearing of 17.0%.
Read moreUK Commercial Property REIT continues to outperform benchmark
19th Sep 2019 08:23
(Sharecast News) - UK Commercial Property REIT reported a net asset value total return of 1.9% in its half-year results on Thursday, down from 12.2% a year earlier, with the boards saying the result was achieved with low relative net gearing of 16.2% as its property portfolio continued to outperform the benchmark.
Read moreUKCP pre-lets logistics unit in Wembley
1st Mar 2019 11:05
(Sharecast News) - UK Commercial Property REIT has fully pre-let its 180,000 square foot 'Wembley180' logistics unit in London, it announced on Friday, ahead of the current tenant moving out at the end of March.
Read moreUK Commercial Property REIT refinances debt facilities
21st Feb 2019 09:58
(Sharecast News) - UK Commercial Property REIT has refinanced its debt facilities, it announced on Thursday, increasing its total debt by up to £50m.
Read moreUK Commercial Property REIT buys five distribution warehouses for GBP85.4m
24th Dec 2018 07:44
(Sharecast News) - UK Commercial Property REIT has announced the acquisition of a portfolio of five distribution warehouses across the Midlands from Clipstone Logistics REIT for £85.4m, reflecting a headline net initial yield of 5.5%.
Read moreUK Commercial Property REIT sells Exeter retail asset for £23.5m
24th Oct 2018 07:56
(Sharecast News) - UK Commercial Property REIT has announced the sale of 16-20 High Street in Exeter to a UK pension fund for £23.5m.
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