UK Commercial Property sells Soho building for £73m
8th Oct 2018 07:10
(Sharecast News) - UK Commercial Property REIT said it has completed the off-market sale of 15 Great Marlborough Street, an office asset in London's Soho, to Royal London Asset Management for £73.2m.
Read moreUK Commercial Property REIT puts in solid first half
20th Sep 2018 07:59
(Sharecast News) - UK Commercial Property REIT announced its interim results for the half-year ended 30 June on Thursday, reporting a net asset value total return of 3.9%, which it said was driven by capital value growth and achieved with a limited gearing of 11.9%.
Read moreUK Commercial Property REIT buys M8 Industrial Estate for £24.6m
19th Sep 2018 07:24
(Sharecast News) - UK Commercial Property REIT announced the acquisition of M8 Industrial Estate near Glasgow from Grayling Capital on Wednesday, for a headline price of £24.6m, based on a topped-up net initial yield of 5.9%.
Read moreUK Comm Prop buys warehouse development for £22m
10th Feb 2017 08:05
(ShareCast News) - UK Commercial Property Trust has bought a distribution warehouse development in Burton upon Trent for about £22.2m, as part of the company's strategy to focus on assets that deliver higher and sustainable income. The £22.2m reflects a yield on capital of 5.8% and will be funded fr
Read moreUK Commercial Property Trust completes sale of Soho office
27th Jan 2017 07:41
(ShareCast News) - Guernsey-based UK Commercial Property Trust has completed the off-market sale of office asset 13 Great Marlborough Street, in London W1, for £30.5m, reflecting a 3.3% net initial yield. The property is single let to Sony Interactive Entertainment, the research and development arm
Read moreUK commercial property Trust reports 1.9% net asset value return at half-year stage
18th Aug 2016 07:48
(ShareCast News) - UK Commercial Property Trust reported a total net asset value return of 1.9% for the latest six-month period, amid stable occupier demand post the referendum vote. The firm´s net asset value for the period ending on 30 June dipped fom 86.7p at year-end 2015 to 86.5. Company chair
Read moreUK Commercial Property Trust sells two development properties
28th Jun 2016 08:14
(ShareCast News) - Guernsey-based, UK-focused commercial property investment company UK Commercial Property Trust announced on Tuesday that is has completed the sale of Dolphin House, an office in Sunbury-on-Thames, having also completed the sale of 6 Arlington Street in London's St James's earlier
Read moreUK Commercial Property Trust leases fifth floor of Eldon House
22nd Mar 2016 08:18
(ShareCast News) - UK Commercial Property Trust announced it had let the fifth floor of Eldon House in London on Tuesday. Life Sciences recruitment firm Proclinical secured 5,115, square feet on a five year lease at £52 per square foot. Eldon House was acquired by UKCPT in an off-market transaction
Read moreMichael Ayre joins board of UK Commercial Property Trust
25th Feb 2016 11:48
(ShareCast News) - UK Commercial Property Trust added to the collective financial knowledge of its board on Thursday, appointing Michael Ayre as a non-executive director. The FTSE 250 company said Ayre - a Guernsey resident - joined the former BDO Reads, a chartered accountancy practice in the Engli
Read moreUK Commercial Property makes two acquisitions for £50.8m
4th Jan 2016 08:01
(ShareCast News) - UK Commercial Property Trust (UKCPT) has made two acquisitions in Newcastle and Glasgow for £50.8m. The commercial property investment company has bought the Central Square office building in Newcastle for £21.6m from Parabola Estates, reflecting a net initial yield of 6.4%. The
Read moreUK Commercial Property Trust and Segro complete multi-million pound land swap
21st Sep 2015 07:53
(ShareCast News) - UK Commercial Property Trust (UKCPT) and SEGRO announced on Monday the completion of a multi-million pound asset swap deal. UKCPT, advised by Standard Life will acquire Ventura Park in Hertfordshire for £67.1m while SEGRO receives the Asda Distribution Centre in Northampton for £3
Read moreUK Commercial Property Trust misses benchmark in first half
20th Aug 2015 07:39
(ShareCast News) - UK Commercial Property Trust (UKCPT) posted a 5.2% return on net asset value in the first half of the year. This was lower than its MSCI Balanced monthly & quarterly funds benchmark of 6.2%, but higher than the FTSE all-share index of 3%. The property trust's net asset value per
Read moreUK Comm Property Trust sells properties in London and Brighton for £82m
9th Jun 2015 08:05
Investment group UK Commercial Property Trust (UKCPT) has reached an agreement to sell two properties in London and Brighton for a combined £82.7m. The FTSE 250 group said it has sold 176-206 Kensington High Street in London and completed the divestment of 134-138 North Street in Brighton, after the
Read moreUK Commercial Property outperforms benchmark in 2014, completes refinancing
21st Apr 2015 09:11
Investment group UK Commercial Property Trust said a growth in its portfolio capital and asset management moves drove net asset value per share sharply higher in 2014. The FTSE 250 group's net asset value per share rose 13.5% year-on-year to 83.0p by the end of 2014, while its net asset value total
Read moreBwin.party CEO and chairman show support after losses widen
29th Aug 2014 17:16
Purchases were made by both the chief executive officer and chairman of Bwin.party on Friday after the online gaming group posted wider first half losses. Chief executive Norbert Teufelberger acquired £206,203-worth of shares, paying 82.48p for each of the 250,000 shares. Chairman Philip Yea boug
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