UKCPT moves closer to REIT conversion following robust 2017

Andrew Wilson UKCPT

UK Commercial Property Trust (UKCPT) produced a 12.2% NAV return in 2017, but earnings per share dipped slightly to 3.42p, compared to 3.43p in 2016.

The group also revealed a 1.8% increase in rental income to £69.8m for the 12 months to the end of December, and a 4.2% dividend yield compared to the FTSE All-Share REIT Index yield of 3.4%, and FTSE All-Share yield of 3.6%.

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