UK Commercial Property Reit Limited (UKCM)

Sector:

Real Estate

Index:

FTSE 250

69.50p
   
  • Change Today:
      0.100p
  • 52 Week High: 69.90
  • 52 Week Low: 48.40
  • Currency: UK Pounds
  • Shares Issued: 1,299.41m
  • Volume: 459,074
  • Market Cap: £903.09m
  • RiskGrade: 248

UKCM sells Sheffield office asset for £17m

By Josh White

Date: Monday 01 Mar 2021

LONDON (ShareCast) - (Sharecast News) - UK Commercial Property REIT (UKCM) announced the sale of Hartshead House, a single-let office investment in Sheffield, to Arella Property Holding on Monday, for £17m.
The FTSE 250 real estate investment trust said the sale price reflected the asset's December book valuation.

It said the disposal proceeds would be targeted at sectors supported by long-term structural economic drivers, including the continued rise of e-commerce and urbanisation, which were expected to deliver "resilient" rental income.

"This latest disposal is in line with our ongoing strategy to focus our portfolio on modern economy, future fit, property sectors and assets that benefit from structural changes in the way we interact with real estate," said Will Fulton lead manager of UKCM at its investment manager, Aberdeen Standard Investments.

"We remain a diversified portfolio, strongly weighted to the industrial and logistics market, and continue to look for opportunities to deploy capital."

At 0808 GMT, shares in UK Commercial Property REIT were up 0.58% at 69p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

UKCM Market Data

Currency UK Pounds
Share Price 69.50p
Change Today 0.100p
% Change 0.14 %
52 Week High 69.90
52 Week Low 48.40
Volume 459,074
Shares Issued 1,299.41m
Market Cap £903.09m
RiskGrade 248

UKCM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
53.71% below the market average53.71% below the market average53.71% below the market average53.71% below the market average53.71% below the market average
85% below the sector average85% below the sector average85% below the sector average85% below the sector average85% below the sector average
Price Trend
65.26% above the market average65.26% above the market average65.26% above the market average65.26% above the market average65.26% above the market average
90.70% above the sector average90.70% above the sector average90.70% above the sector average90.70% above the sector average90.70% above the sector average
Income
11.36% above the market average11.36% above the market average11.36% above the market average11.36% above the market average11.36% above the market average
3.23% below the sector average3.23% below the sector average3.23% below the sector average3.23% below the sector average3.23% below the sector average
Growth
36.31% below the market average36.31% below the market average36.31% below the market average36.31% below the market average36.31% below the market average
7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 1
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

UKCM Dividends

  Latest Previous
  4th Interim 3rd Interim
Ex-Div 15-Feb-24 16-Nov-23
Paid 29-Feb-24 30-Nov-23
Amount 0.85p 0.85p

Trades for 28-Mar-2024

Time Volume / Share Price
10:57 6,343 @ 69.50p
10:57 3,980 @ 69.50p
10:57 1,354 @ 69.40p
10:57 486 @ 69.50p
10:57 440 @ 69.50p

UKCM Key Personnel

Chair Peter Pereira Gray

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