UK Commercial Property REIT Limited #UKCM announced that it has exchanged contracts for the sale of Great Lodge Retail Park in Tunbridge Wells, to M7 Real Estate for £46.25 million less rent guarantee deductions.
RNS Number: 5424 Y UK Commercial Property REIT Ltd 10 September 2020 UK Commercial Property REIT Limited. UKCM exchanges on £46.25 million sale of Great Lodge Retail Park in Tunbridge Wells. 10 September 2020: UK Commercial Property REIT Limited, which is managed and advised by Aberdeen Standard Investments* and owns a diversified portfolio of high quality...
UK Commercial Property REIT Limited #UKCM announced that it has fully let its 377,070 sq ft XDOCK377 logistics unit at Magna Park in Lutterworth to Armstrong Logistics, a pan-European distribution company. As a result of the lease, its portfolio void rate by ERV has reduced to 6.5% from 10% at the 30 June 2020. Armstrong Logistics has signed a 15.5-year lease with open market rent reviews at £6.50 per sq ft, in line with ERV, which will add a further £2.45 million of annualised income to the company's rent roll after incentives.
RNS Number: 3956 Y UK Commercial Property REIT Ltd 09 September 2020 UK Commercial Property REIT Limited. UKCM reduces void by 35.2% with logistics letting at Magna Park, Lutterworth. Armstrong Logistics has signed a 15.5- year lease with open market rent reviews at £6.50 per sq ft, in line with ERV, which will add a further £2.45 million of annualised income to...
UK Commercial Property REIT Limited. RESULT OF ANNUAL GENERAL MEETING. At the Annual General Meeting of the Company held on 27 August 2020, all Resolutions set out in the Annual General Meeting Notice sent to Shareholders dated 18 June 2020 were duly passed.
Date: 6 August 2020 Company: UK Commercial Property REIT Limited Subject: Dividend Declaration. Second Interim Dividend for 2020. The Directors of UK Commercial Property REIT Limited declare a property income dividend of 0.46 p per share be payable in respect of the quarter ended 30 June 2020..
NAV per share of 83.9 p, resulting in a NAV total return of -2.3% in the period with continued low net gearing of 10.5%*. Like-for-like portfolio capital value decreased by 2.5% net of capital expenditure outperforming the MSCI monthly index which fell 3.6% over the period. Portfolio value of £1.22 billion following the successful City of London office sale...
RNS Number: 2706 T UK Commercial Property REIT Ltd 17 July 2020 17 July 2020. UK Commercial Property REIT Limited. UK Commercial Property REIT Limited, which is managed and advised by Aberdeen Standard Investments and owns a diversified portfolio of high quality income-producing UK commercial property, will announce its Q2 NAV for the three month period from 1...
RNS Number: 9535 Q UK Commercial Property REIT Ltd 25 June 2020. UK Commercial Property REIT Limited. UKCM COMPLETES £40 MILLION SALE OF LAST REMAINING CITY OF LONDON OFFICE.
UK Commercial Property REIT Limited LEI Number: 213800 JN4FQ1A9G8EU25. NOTICE OF ANNUAL GENERAL MEETING. Notice is hereby given that the 2020 Annual General Meeting of the Company will be held at the offices of Aberdeen Standard Investments, Bow Bells House, 1 Bread Street, London, EC4M 9 HH on 27 August 2020 at 11:30 AM..
UK Commercial Property REIT Limited. FINAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2019. UK Commercial Property REIT Limited which is managed and advised by Aberdeen Standard Investments and owns a diversified portfolio of high quality income-producing UK commercial property announces its final results for the year ended 31 December 2019..
The portfolio is now valued at £1.29 billion following the sales previously announced at Portsmouth Motor Park and Broadbridge Retail Park, Horsham, for a combined £47.9 million. The Company has agreed to a forward funding of a new 221 bed student residential development in Exeter, adjacent to the main university campus, with completion expected for the...
Company: UK Commercial Property REIT Limited. First Interim Dividend for 2020. Following on from the Company’ s COVID 19 and Dividend Update announcement on the 27 th April 2020, the Directors of UK Commercial Property REIT Limited declare a property income dividend of 0.46 p per share be payable in respect of the quarter ended 31 March 2020..
Company: UK Commercial Property REIT Limited. Subject: Rights attaching to shares. In accordance with LR 9.2. 6 E, UK Commercial Property REIT Limited has today forwarded a copy of its articles of incorporation, which set out the rights attaching to its shares, to the Financial Conduct Authority's National Storage Mechanism.
UK Commercial Property REIT Limited #UKCM announced, in its update in relation to the impact of COVID-19 on the company, that the Board has full confidence in the Company's financial strength, it also places great emphasis on exercising prudence in these uncertain times and ensuring the robustness of the company's balance sheet is maintained so that UKCM is well positioned as we emerge from the crisis. The Board is equally cognisant of the importance of dividends to its shareholders, both large and small, who are reliant on this income, particularly in these difficult times when the COVID-19 crisis has forced many companies across the board to cancel their distributions. As a result the Board has taken the decision to maintain a quarterly dividend, due in May 2020, but at the reduced rate of 50% which equates to 0.46p per share, while clearly communicating its aspiration to use the strength of its balance sheet and its current financial resources to continue paying a dividend throughout this period of uncertainty. The members of the Board of Directors have also agreed to reduce their own fees by 20% for the remainder of this year and to keep all other costs and capital expenditure commitments under review. Due to the impact of COVID-19 and guidance from both the company's auditors and the Financial Conduct Authority, the release of the company's final full year 2019 results is now expected to be made during May 2020. In addition, a full quarterly net asset value statement for the quarter ending 31 March 2020 will also be issued shortly.
RNS Number: 8828 K UK Commercial Property REIT Ltd 27 April 2020 UK Commercial Property REIT Limited. UK Commercial Property REIT Limited, today provides an update in relation to the impact of COVID-19 on the Company. The Company entered the crisis in a strong position, with a diversified portfolio of high quality income producing UK commercial property that is...
UK Commercial Property REIT Limited. LEI Number: LEI number: 213800 JN4FQ1A9G8EU25. RESULT OF EXTRAORDINARY GENERAL MEETING.
Company: UK Commercial Property REIT Limited. Notification of Transactions by Persons Discharging Managerial Responsibilities and Connected Persons. Enquiries Company Secretary Northern Trust International Fund Administration Services Limited PO Box 255, Trafalgar Court Les Banques St Peter Port Guernsey GY1 3 QL +44 1481 745001.
UK Commercial Property REIT Limited #UKCM Announced that it has sold Motor Park in Portsmouth, a multi-use asset predominantly comprising of seven car showrooms, to Glasgow City Council for £29.8 million. The sale price represents a 3% discount to the December 2019 valuation and provides UKCM with additional capital to invest in markets with strong underlying fundamentals, including alternatives. UKCM also recently completed its £18.1 million sale of Broadbridge Retail Park in Horsham, in line with the September and December valuations, following the exercise of an option by Delancey and Tritax which had been agreed in November 2019.
RNS Number: 3420 F UK Commercial Property REIT Ltd 09 March 2020. UKCM completes £30 million sale of Motor Park in Portsmouth. 9 March 2020: UK Commercial Property REIT Limited, which is managed and advised by Aberdeen Standard Investments* and owns a diversified portfolio of high quality income-producing UK commercial property, announces that it has sold...
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Company Profile

UK Commerical Property Trust is a property- focused investment trust. The group floated on the stock market at the end of 2006.

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