UK Commercial Property REIT
Diversified real estate investment trust for UK properties.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | N/A Valuation: £924m 18.6x EV/Revenue | Acquisition | |
| Total Funding | 000k | ||
| GBP | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (74 %) | (41 %) | 2217 % | (182 %) | (124 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | 413 % | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 73 % | 9 % | (94 %) | 94 % | 108 % | 64 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
UK Commercial Property REIT Limited (UKCM) is a real estate investment trust that owns a diversified portfolio of commercial properties across the United Kingdom. The company's objective is to provide ordinary shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified UK commercial property portfolio. UKCM is a constituent of the FTSE 250 Index.
The trust was launched in 2006 and is managed by abrdn, a global investment company. It is domiciled in Guernsey and listed on the London Stock Exchange. The portfolio is diversified across various sectors, including industrial, office, retail, and other commercial properties like student accommodation and leisure facilities. A significant portion of the portfolio, over 60%, is concentrated in the industrial and logistics sector, which has shown strong performance.
UKCM's investment strategy focuses on high-quality assets with strong tenant covenants and sustainable income streams. The business model involves acquiring, managing, and disposing of properties to generate rental income and capital appreciation for its investors. Its client base consists of the shareholders who invest in the trust. As of early 2024, the trust had an EPRA net tangible assets (NTA) per share of 74.3 pence and a total portfolio value of £1.27 billion.
Keywords: real estate investment trust, UK commercial property, property investment, FTSE 250, logistics property, industrial real estate, abrdn, portfolio diversification, rental income, asset management