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]

Balanced Commercial Property Trust
TypeCommercial Property Investment Trust
IndustryInvestment trust
Headquarters
London, United Kingdom
Websitewww.columbiathreadneedle.co.uk/balanced-commercial-property-trust/

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. "Martin Moore". WSJ Markets. Retrieved 19 March 2021.
  2. "F&C's commercial property trust aims to fill portfolio gap". Money Marketing. 17 March 2005. Retrieved 19 March 2021.
  3. Knife edge vote ends merger to create UK property giant The Telegraph, 10 August 2010
  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. "BMO completes F&C rebrand with property trusts". 3 June 2019.
  6. "BMO Commercial Property Trust to change name". Quoted Data. 19 April 2022. Retrieved 17 September 2022.


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