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 content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue