UK Commercial Property Trust’s property portfolio has risen in value by 21.3% over 2014 and now stands at £1.3bn.
According to the annual report for the year ending 31 December, UKCPT sold a total of £53m of stock and invested £97m in industrial and leisure assets.
The company’s NAV per share now stands at 83p, a 13.5% increase on the previous year’s figure of 73.1p.
Following a refinancing from Cornerstone Real Estate Advisors Europe, UKCPT now has £100m available for investment.
Christopher Hill, chairman of UKCPT, said: “At 17.5% at the year end, the company’s leverage was the lowest in its peer group and with the recent completion of the refinancing, the company is in an excellent position to invest, with a continued focus on location and property fundamentals to ensure we maintain attractive income and capital returns.”
