Commercial Property News Archive for 12-Feb-2007

UK Commercial Property Trust to buy 350.4 mln stg portfolio (Sharewatch)

UKPT will pay Phoenix Life 253 mln new shares and a cash payment of 80.8 mln stg.

(AFX UK Focus) 2007-02-09 16:47 GMT: UK Commercial Property Trust to buy 350.4 mln stg portfolio (Interactive Investor)

LONDON (AFX) - UK Commercial Property Trust Ltd (UKPT) said it has agreed with Phoenix Life Ltd to acquire a diversified portfolio of UK commercial properties with an aggregate market value of 350.4 mln stg.