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About the company
Balanced Commercial Property Trust Limited is a closed-ended investment company. The investment objective of the Company is to provide ordinary shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified United Kingdom commercial property portfolio. The Company’s policy is to hold a diversified portfolio of freehold and long leasehold (over 60 years remaining at the time of acquisition) United Kingdom commercial properties. It invests principally in three commercial property sectors: office, retail (including retail warehouses) and industrial. It can also have exposure to other commercial property sectors such as healthcare, leisure, hotels and serviced apartments, residential property, student housing, car parks, petrol stations, storage and supermarkets. The Company’s investment manager is Columbia Threadneedle Investment Business Limited.
- Revenue in GBP (TTM)59.23m
- Net income in GBP-26.07m
- Incorporated2009
- Employees0.00
- LocationBalanced Commercial Property TrustTrafalgar Court, Les BanquesPO Box 255SAINT PETER PORT GY1 3QLGuernseyGGY
- Phone+44 1 481745001
- Websitehttps://www.columbiathreadneedle.co.uk/balanced-commercial-property-trust/
Profile
| Management group(s) | BMO Investment Business Ltd |
|---|---|
| AIC sector | Property - UK Commercial |
| ISIN | GG00B4ZPCJ00 |
| Launch date | 17 Mar 2005 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
The policy of compnay is to hold a diversified portfolio of freehold and long leasehold (over 60 years remaining at the time of acquisition) UK commercial properties. It invests principally in three commercial property sectors: office, retail (including retail warehouses) and industrial. It also can have an exposure to other commercial property sectors such as healthcare, leisure, hotels and serviced apartments, residential property, student housing, car parks and petrol stations, storage and supermarkets.
Managed by
| Richard Kirby, Matt Howard, Daniel Walsgrove |
|---|
Management & contract fees
Management fee is 0.55% p.a. of NAV of Group and reduced to 0.525% p.a. on asset between GBP 1.5bn and GBP 2bn and 0.5% of net assets in excess of GBP 2bn, payable quarterly in arrears. There is no performance fee. The investment management agreement may be terminated by either party by giving not less than six months notice.
Peer analysis
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| Home Reit PLC | 26.20m | 47.80m |
| Custodian Property Income Reit PLC | 44.68m | -54.40m |
| CLS Holdings plc | 148.70m | -249.80m |
| Mountview Estates P.L.C. | 75.64m | 26.63m |
| Picton Property Income Ltd | 53.49m | -80.52m |
| PRS Reit PLC | 53.68m | 58.02m |
| Harworth Group PLC | 72.43m | 37.96m |
| Target Healthcare REIT PLC | 67.77m | 58.37m |
| Dar Global PLC | 288.51m | 66.59m |
| Globalworth Real Estate Investments Ltd | 206.75m | -46.57m |
| Empiric Student Property PLC | 80.50m | 53.40m |
| Balanced Commercial Property Trust Ltd | 59.23m | -26.07m |
Institutional shareholders
| Holder | Shares | % Held |
|---|---|---|
| Aviva Investors Global Services Ltd.as of 19 Apr 2024 | 165.99m | 23.66% |
| BlackRock Investment Management (UK) Ltd.as of 29 Apr 2024 | 49.33m | 7.03% |
| Investec Wealth & Investment Ltd.as of 02 May 2024 | 48.19m | 6.87% |
| The Vanguard Group, Inc.as of 30 Apr 2024 | 29.17m | 4.16% |
| Evelyn Partners Investment Management LLPas of 02 May 2024 | 18.23m | 2.60% |
| Asset Value Investors Ltd.as of 15 Apr 2024 | 16.07m | 2.29% |
| Legal & General Investment Management Ltd.as of 02 May 2024 | 15.41m | 2.20% |
| BlackRock Advisors (UK) Ltd.as of 04 Apr 2024 | 11.66m | 1.66% |
| Acadian Asset Management LLCas of 02 May 2024 | 10.74m | 1.53% |
| Brooks Macdonald Asset Management Ltd.as of 02 May 2024 | 10.51m | 1.50% |
