UKCM to target pubs, PRS and alternatives

UK Commercial Property REIT plans to widen its investment policy to include pubs, PRS and additional alternative assets. The REIT will expand investment to a wider range of asset types and new debt facilities. In a quarterly trading update, it said it would enable investments across “healthcare, student housing, hotels, care parks, pubs, petroleum and automotive and the commercially-managed private rental sector”. Andrew Wilson, chairman of UKCM, said: “Strategic acquisitions and disposals have continued this year, recycling capital into high quality holdings that deliver sustainable long-term rental income.” He noted “further positive momentum behind the repositioning of the portfolio”. Will