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UK Commercial Property Trust - new rating

By ROBERT HARLEY 11/03/2009

UK Commercial Property Trust - new rating by robert harley
A Guernsey registered company, listed on the LSE, offering core, high quality exposure to the asset class. The trust is currently ungeared, with £65m cash on the balance sheet and access to a £80m debt facility. The dividend yield is fully covered before costs. The ongoing costs are amongst the lowest in the peer group. The company is awarded a 3 star rating.
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