UK Commercial Property Trust (UKCM)

Business description

UKCM’s objective is to provide ordinary shareholders with an attractive level of income, together with the potential for capital and income growth from investing in a diversified UK commercial property portfolio. The majority of the portfolio will be invested in direct holdings across four key sectors: industrial, retail, office and leisure. The preferred lot size is between £20m and £50m, larger than many in the peer group and reflecting its larger size.

Stock data

Market cap.£1174m
Last close90.35p
High / Low (52 weeks)92.5p / 77.3p
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Investment summary

UK Commercial Property Trust (UKCM) is a property investment company which seeks to generate an attractive and sustainable income with potential for capital and income growth by investing in high quality UK real estate. UKCM was set up in 2006, aiming to appeal to institutions as well as private investors by adopting a lower risk profile by focusing on prime assets and maintaining a conservative level of gearing. In April 2015, following Standard Life Investments’ (SL) acquisition of Ignis Asset Management, Will Fulton became lead manager. He reshaped UKCM’s portfolio to reflect SL’s house view, while retaining the conservative approach. NAV total return was ahead of its benchmark in 2016, following the repositioning of the portfolio in 2015.

Last updated on 31/03/2017

Key management

Andrew Wilson, Chairman
Will Fulton, Fund manager
Graeme McDonald, Real Estate Finance Manager
Graham Miller, Marketing Manager

Company address

1 George Street
Edinburgh
EH2 2LL
United Kingdom
0345 600 2268
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