Balanced_Commercial_Property_Trust

Balanced Commercial Property Trust

Balanced Commercial Property Trust

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Balanced Commercial Property Trust, formerly BMO Commercial Property Trust, is a large British investment trust dedicated to investments in commercial properties. Established in 2005, the company, which was formerly known as F&C Commercial Property Trust, is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The chairman is Martin Moore.[1]

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History

The company was established as F&C Commercial Property Trust in Guernsey in 2005.[2] Having launched near the top of the market, following the market downturn in 2007–2008, a merger with UK Commercial Property Trust, a fellow FTSE 250 property company was proposed in 2010. This was narrowly rejected by 50.07% of shareholders.[3] It restructured as a real estate investment trust in April 2019[4] and rebranded as BMO Commercial Property Trust in June 2019.[5] It changed its name from BMO Commercial Property Trust to Balanced Commercial Property Trust in June 2022.[6]

References

  1. [1]
    "Martin Moore". WSJ Markets. Retrieved 19 March 2021.
  2. [2]
    "F&C's commercial property trust aims to fill portfolio gap". Money Marketing. 17 March 2005. Retrieved 19 March 2021.
  3. [3]
    Knife edge vote ends merger to create UK property giant The Telegraph, 10 August 2010
  4. [4]
    "Property tax rules prompt change at £1.3bn F&C trust". FT Adviser. 25 April 2019. Archived from the original on 25 April 2019. Retrieved 19 March 2021.
  5. [5]
    "BMO completes F&C rebrand with property trusts". 3 June 2019.
  6. [6]
    "BMO Commercial Property Trust to change name". Quoted Data. 19 April 2022. Retrieved 17 September 2022.


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