XLON:UKCM
UK Commercial Property Trust Ltd Stock Company Profile
£72.90
+0 (+0%)
At Close: May 17, 2024
Information
Investment House 1 George Street
Edinburgh Eh2 2-ll
www.ukcpreit.co.uk
Industry: REIT—Industrial
Sector: Real Estate
Description
UK Commercial Property REIT (UKCPT) was launched in September 2006, registered as a Guernsey investment company and has a full listing on the London Stock Exchange (FTSE 250). The initial offering raised £530m and the proceeds were used to acquire a portfolio of properties from closed life funds held by Phoenix Group Holdings. This provided a means for the life funds to collectivise their property exposure, while at the same time reducing exposure by way of UKCPT attracting additional new shareholders.
