1st Mar 2021 09:44
UK Commercial Property REIT Ltd - UK commercial property investor managed and advised by Aberdeen Standard Investments - Sells Hartshead House, a single-let office investment in Sheffield, to Arella Property Holding Ltd for GBP17 million, in line with its December book valuation.
"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. We remain a diversified portfolio, strongly weighted to the industrial and logistics market, and continue to look for opportunities to deploy capital," says Will Fulton, lead manager of UKCM at Aberdeen Standard Investments.
Current stock price: 68.71 pence
Year-to-date change: down 0.4%
By Lucy Heming;Â [email protected]
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