Balanced Commercial Property Trust
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]
Type | Commercial Property Investment Trust |
---|---|
Industry | Investment trust |
Headquarters | London, United Kingdom |
Website | www |
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
- "Martin Moore". WSJ Markets. Retrieved 19 March 2021.
- "F&C's commercial property trust aims to fill portfolio gap". Money Marketing. 17 March 2005. Retrieved 19 March 2021.
- Knife edge vote ends merger to create UK property giant The Telegraph, 10 August 2010
- "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.
- "BMO completes F&C rebrand with property trusts". 3 June 2019.
- "BMO Commercial Property Trust to change name". Quoted Data. 19 April 2022. Retrieved 17 September 2022.