Stenprop starts trading as FTSE 100 climbs on back of ECB update

Market shares

Industrial-focussed REIT Stenprop has kicked off trading on the specialist fund segment of the London Stock Exchange with a share price of 120p.

The newly listed REIT has revealed plans to transform itself into the UK’s first “serviced industrial” provider and will now see how the market reacts to its plan to move away from the traditional leasing model and allow its tenants to sign up for six weeks to six years on its Smart Lease online platform.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now