UK Commercial Property REIT posted a strong Q2 NAV total return of +1.7%. Crucially, this NAV performance was made up of positive contributions from both capital growth and revenue return. This was the second consecutive quarter of positive capital growth indicating that there has been some stabilisation in commercial property valuations following a period of considerable volatility. Will Fulton, fund manager, unpacks the drivers of the recent NAV and presents his thoughts on the sector.

Recorded - August 2023.

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