UK Commercial Property REIT Announces Strong 2023 Results

Uk Commercial Property Reit Limited (GB:UKCM) has released an update.

UK Commercial Property REIT Limited has reported a productive year with a 6.3% growth in annual EPRA EPS and a total dividend increase of 4.6% in 2023. Despite a marginal valuation drop of 0.89%, the company’s diversified portfolio has outperformed the MSCI benchmark across 1, 3, 5, and 10-year periods. Strategic asset management and a disciplined balance sheet have contributed to a stable NAV total return of 3.0% for the year, with future growth anticipated from the completion of the Hyatt hotel development in Leeds.

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