Guernsey-based property firm UK Commercial Property Trust saw its net asset value (NAV) per share ease a little in 2011 but its vacancy rate remained well below the industry average.
NAV per share at the end of 2011 was 75.5p, down from 77.0p a year earlier, but with a dividend yield (as at the end of 2011) of 7.6%, the company could boast of a total return to shareholders over the year of 4.9%. The 2011 dividend has been maintained at 5.25p.
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