UK Commercial Property REIT: Annual results video
Watch the latest manager update video where the UKCM team announce the annual results for 2023.
The Boards of Tritax Big Box REIT PLC (“BBOX”) and UK Commercial Property REIT Limited (“UKCM”) are pleased to announce that they have reached agreement on the key terms of a possible all-share offer (the “Possible Offer”) for the entire issued and to be issued share capital of UKCM at an exchange ratio of 0.444 new ordinary BBOX shares per UKCM share (the “Exchange Ratio”). The Possible Offer would result in UKCM shareholders holding approximately 23.3 per cent of the issued share capital of the enlarged company (the "Combined Group").
UK Commercial Property REIT Limited (UKCM) is a listed Real Estate Investment Trust (REIT) with a net asset value of £1.25 billion as at 31 December 2023. UKCM is one of the largest diversified REITs in the UK and is a component of the FTSE 250 index made up of the largest 250 companies with a primary listing on the London Stock Exchange.
The objective of the Company 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 portfolio of UK commercial properties.
The value of investments and the income from them can go down as well as up and you may get back less than the amount invested.
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