UK Commercial Property Reit Limited (UKCM)

Sector:

Real Estate

Index:

FTSE 250

80.00p
   
  • Change Today:
      2.30p
  • 52 Week High: 81.20
  • 52 Week Low: 59.80
  • Currency: UK Pounds
  • Shares Issued: 1,299.41m
  • Volume: 4,971,421
  • Market Cap: £1,039.53m
  • 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 80.00p
Change Today 2.30p
% Change 2.96 %
52 Week High 81.20
52 Week Low 59.80
Volume 4,971,421
Shares Issued 1,299.41m
Market Cap £1,039.53m
RiskGrade 248

UKCM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
4.64% above the market average4.64% above the market average4.64% above the market average4.64% above the market average4.64% above the market average
55.1% below the sector average55.1% below the sector average55.1% below the sector average55.1% below the sector average55.1% below the sector average
Price Trend
12.44% below the market average12.44% below the market average12.44% below the market average12.44% below the market average12.44% below the market average
1.89% below the sector average1.89% below the sector average1.89% below the sector average1.89% below the sector average1.89% below the sector average
Income
48.91% above the market average48.91% above the market average48.91% above the market average48.91% above the market average48.91% above the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average
Growth
65.98% below the market average65.98% below the market average65.98% below the market average65.98% below the market average65.98% below the market average
73.08% below the sector average73.08% below the sector average73.08% below the sector average73.08% below the sector average73.08% 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.

UKCM Dividends

  Latest Previous
  1st Interim 5th Interim
Ex-Div 13-May-21 06-May-21
Paid 28-May-21 21-May-21
Amount 0.64p 0.53p

Trades for 18-Jun-2021

Time Volume / Share Price
17:05 11,658 @ 80.00p
16:50 98,537 @ 80.00p
16:48 107,568 @ 80.00p
16:48 21,258 @ 80.00p
16:47 9,208 @ 80.00p

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