HOME

TheInfoList



OR:

Balanced Commercial Property Trust, formerly BMO Commercial Property Trust, is a large
British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, ...
investment trust An investment trust is a form of investment fund found mostly in the United Kingdom and Japan. Investment trusts are constituted as public limited companies and are therefore closed ended since the fund managers cannot redeem or create shares. ...
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 London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
and is a constituent of the
FTSE 250 Index The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...
. The
chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...
is Martin Moore.


History

The company was established as F&C Commercial Property Trust in Guernsey in 2005. 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. It restructured as a
real estate investment trust A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping cente ...
in April 2019 and rebranded as BMO Commercial Property Trust in June 2019. It changed its name from BMO Commercial Property Trust to Balanced Commercial Property Trust in June 2022.


References

Real estate companies established in 2005 Financial services companies established in 2005 Investment trusts of the United Kingdom Companies listed on the London Stock Exchange {{UK-finance-company-stub