BMO Commercial Property Trust Limited (BCPT)

Sector:

Property Investment Trusts

Index:

FTSE Small Cap

96.70p
   
  • Change Today:
    -2.30p
  • 52 Week High: 101.20
  • 52 Week Low: 59.30
  • Currency: UK Pounds
  • Shares Issued: 777.39m
  • Volume: 651,907
  • Market Cap: £751.73m
  • RiskGrade: 186

F&C Commercial Property sees increased uncertainty this year

By Sean Farrell

Date: Tuesday 17 Apr 2018

LONDON (ShareCast) - (ShareCast News) - The UK commercial property market outstripped expectations last year but economic and political uncertainty could make investors more cautious this year, F&C Commercial Property Trust said.


Announcing annual results, the FTSE 250 trust said the market stabilised last year after the shock of the 2016 Brexit vote. Overseas and UK investors put money into commercial property in search of a secure income stream, causing a sharp increase in investment from the year before when confidence was knocked by the vote to leave the EU.

Chairman Chris Russell said: "The property market out-performed initial expectations for 2017 but an environment of higher interest rates and inflation, subdued economic growth, political uncertainty and some keen pricing may begin to weigh more heavily on investor sentiment this year."

F&C's total return for the year to the end of December was 8.7%, underperforming the benchmark MSCI Investment Property Databank index, which rose 10.3%. F&C's annual dividend of 6p a share is unchanged since 2006.

The company said its underperformance was mainly caused by an underweight position in industrial property in the South East, which was the sector's best-performing segment along with logistics.

Russell said: "The market has seen polarisation, with industrials and distribution out-performing strongly, while regional town centre retail has remained under pressure. The company's holdings in the office sector lagged the index because of increased voids and shortening unexpired lease terms. The company has no exposure to shopping centres which was the poorest performing segment."

F&C said its longer-term performance beat the benchmark. Over three and five years it is in the upper quartile for performance and over 10 years it is in the top quartile. F&C's best performing assets last year included St Christopher's Place in London's West End and Cassini House in St James's.

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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 96.70p
Change Today -2.30p
% Change -2.32 %
52 Week High 101.20
52 Week Low 59.30
Volume 651,907
Shares Issued 777.39m
Market Cap £751.73m
RiskGrade 186

BCPT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
41.68% above the market average41.68% above the market average41.68% above the market average41.68% above the market average41.68% above the market average
58.62% above the sector average58.62% above the sector average58.62% above the sector average58.62% above the sector average58.62% above the sector average
Price Trend
37.79% above the market average37.79% above the market average37.79% above the market average37.79% above the market average37.79% above the market average
67.57% above the sector average67.57% above the sector average67.57% above the sector average67.57% above the sector average67.57% above the sector average
Income
22.04% above the market average22.04% above the market average22.04% above the market average22.04% above the market average22.04% above the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average
Growth
28.83% below the market average28.83% below the market average28.83% below the market average28.83% below the market average28.83% below the market average
48.57% below the sector average48.57% below the sector average48.57% below the sector average48.57% below the sector average48.57% below the sector average

What The Brokers Say

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

BCPT Dividends

  Latest Previous
  5th Interim 4th Interim
Ex-Div 09-Sep-21 12-Aug-21
Paid 30-Sep-21 31-Aug-21
Amount 0.35p 0.35p

Trades for 28-Sep-2021

Time Volume / Share Price
10:35 5,956 @ 96.72p
10:35 7,300 @ 96.72p
10:33 3,000 @ 96.72p
10:28 137 @ 96.70p
10:28 3,529 @ 96.70p

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