UK Commercial Property REIT Limited (UKCM.L) LSE

72.90

+2.2(+3.11%)

Updated at May 15, 2024 05:37PM

Currency In GBp

UK Commercial Property REIT Limited

Address

Investment House 1 George Street

Edinburgh, Eh2 2-ll

United Kingdom of Great Britain and Northern Ireland

Phone

44 1481 745001

Sector

Real Estate

Industry

REIT - Industrial

Employees

0

First IPO Date

September 21, 2006

Key Executives

NameTitlePayYear Born
David RodgerPortfolio Manager of Real Estate - Ignis Investment Services Limited0N/A
Peter TaylorFinance Manager - abrdn Fund Managers Limited0N/A
Will FultonLead Manager0N/A
Sheila CampbellAsset Manager of Real Estate - Ignis Investment Services Limited0N/A

Description

UK Commercial Property REIT (UKCPT) was launched in September 2006, registered as a Guernsey investment company and has a full listing on the London Stock Exchange (FTSE 250). The initial offering raised £530m and the proceeds were used to acquire a portfolio of properties from closed life funds held by Phoenix Group Holdings. This provided a means for the life funds to collectivise their property exposure, while at the same time reducing exposure by way of UKCPT attracting additional new shareholders.