Balanced Commercial Property Trust Limited (BCPT)

Sector:

Property Investment Trusts

Index:

FTSE 250

78.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 91.90
  • 52 Week Low: 61.00
  • Currency: UK Pounds
  • Shares Issued: 701.55m
  • Volume: 704,239
  • Market Cap: £547.21m
  • RiskGrade: 186

F and C sells central London building to foreign investor

By Michael Millar

Date: Tuesday 23 Oct 2012

LONDON (ShareCast) - F and C Commercial Property Trust said it had off-loaded a large Oxford Street property, which is currently the home of Boots.

The firm has sold its long leasehold interest in 385/389 Oxford Street in Central London for £28.1m.

The property is entirely let to Boots UK on a lease expiring in June 2019 at an annual rent of £1.075m.

The buyer remained anonymous but F&C said the deal "takes advantage of the current strong demand from overseas investors for Central London retail properties".

F&C said the sale price compared to the last external valuation of £23.9m and meanest a net initial yield of 3.62%.

"It provides an opportunity for capital to be deployed into new opportunities to provide a higher income return for the company", the firm said.

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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.

 

BCPT Market Data

Currency UK Pounds
Share Price 78.00p
Change Today -1.00p
% Change -1.27 %
52 Week High 91.90
52 Week Low 61.00
Volume 704,239
Shares Issued 701.55m
Market Cap £547.21m
RiskGrade 186

BCPT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.74% above the market average49.74% above the market average49.74% above the market average49.74% above the market average49.74% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Price Trend
0.40% above the market average0.40% above the market average0.40% above the market average0.40% above the market average0.40% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Income
52.26% above the market average52.26% above the market average52.26% above the market average52.26% above the market average52.26% above the market average
4% below the sector average4% below the sector average4% below the sector average4% below the sector average4% below the sector average
Growth
41.78% below the market average41.78% below the market average41.78% below the market average41.78% below the market average41.78% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% 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.

BCPT Dividends

  Latest Previous
  12th Interim 11th Interim
Ex-Div 11-Apr-24 14-Mar-24
Paid 30-Apr-24 28-Mar-24
Amount 0.44p 0.44p

Trades for 16-Apr-2024

Time Volume / Share Price
13:40 44 @ 78.40p
13:39 10 @ 78.24p
13:37 1,000 @ 78.24p
13:33 4,500 @ 78.24p
13:31 5,103 @ 78.24p

BCPT Key Personnel

Chair Paul Marcuse

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