The UK Commercial Property Trust (UKCPT) has made two acquisitions in Newcastle and Glasgow worth ££29.2mm. UKCPT bought the Central Square office building in Newcastle for £21.6m and a 140,000 sq ft leisure scheme in Glasgow for 50.8. Will Fulton, Fund Manager of UKCPT said; "Individually both of these assets offer good fundamentals in terms of location and specification, and support UKCPT's strategy to reposition the portfolio for sustainable and growing income.”
The UK Commercial Property Trust (UKCPT) has made two acquisitions in Newcastle and Glasgow worth £50.8m. UKCPT bought the Central Square office building in Newcastle for £21.6m and a 140,000 sq ft leisure scheme in Glasgow for £29.2m. Will Fulton, Fund Manager of UKCPT said; "Individually both of these assets offer good fundamentals in terms of location and specification, and support UKCPT's strategy to reposition the portfolio for sustainable and growing income.”