UK Commercial Property REIT Limited (UKCM.L) announced the acquisition via approximately 25 million pounds forward funding of three new warehouse units, known as Sussex Junction, which are currently under construction near Gatwick airport. Once constructed, the asset will comprise three single storey warehouse buildings. All units have planning for storage and distribution.
UKCM said it is confident of investing remaining cash resources into further acquisitions in the foreseeable future, at which point the Board is expected to confirm an increase in the dividend for fourth quarter 2021.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.