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Office voids hit returns at F&C Commercial Property Trust

F&C Commercial Property Trust said the total return from its £1.36bn portfolio underperformed the industry benchmark in the first half of the year, blaming significant voids at some of its offices including Thames Valley Park One where Fujitsu has decided to vacate.
By Kasmira Jefford
August 24, 2016 | 3:09 P.M.

The FTSE 250 trust said total returns from its office portfolio fell by 0.6% in the six months to 30 June compared with the IPD benchmark return of 3.1 per cent. As a result, the total return from the portfolio over the period was 2%, underperforming the 2.6 per cent return recorded by the benchmark.

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