UKCM
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UKCM’s portfolio dives by 17.8%
Added development costs could tip LTV over the REIT’s 25% target
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UKCM’s NAV falls 10% as interest rates hammer yields
Total valuation has fallen by 7.1% from £1.71bn to £1.58bn
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UKCM boasts strong first half as NAV discount grows
NAV per share was around 112p at the end of June, but now stands at just 55.9p
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Discount to NAV triggers UKCM EGM
Phoenix, which holds 43.4% of the REIT’s shares, has implied it will vote in favour of continuation
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UKCM buys Leeds hotel development for £63m
12-storey Hyatt Hotel will be build close to the city’s train station
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UKCM to increase gearing for resi and life science drive
Abrdn’s commercial property REIT is moving away from its industrial-heavy position
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UKCM makes 21.5% return as NAV rises
The REIT’s NAV now stands at £1.3bn after a year of “strong recovery”
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UKCM forward-funds Sussex Junction for £25m
More than half of the 107,000 sq ft trio of sheds is prelet
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UKCM buys Hanger Lane office for industrial flip
West Gate is let to Kantar for the next 10 years, but UKCM is looking at a medium-term redevelopment
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UKCM sells Sheffield office
Arella Property Holding buys Hartshead House for £17m
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UKCM to target pubs, PRS and alternatives
UK Commercial Property REIT plans to widen its investment policy.