Bmo Comm Prop. Share Price (BCPT)

FFC
I got this from the company a couple of days ago. Aligns completely with what you say. Once Brexit is out of the way this should rebound sunstantially
Just following on from the below its certainly been a tougher period for BCPT and the broader Property sector. The peer group has had a heavy re-rating over the past couple of weeks as a result of general sentiment to the sector (particularly towards the Retail tenants) and this has caused some significant falls to share prices across the space.

BCPT is one of most well held property trusts in the market and whilst investors continue to be supportive of our long standing fund management team (and hold large amounts of the trust) they’ve taken an overall view of reducing property in the past 12 months due to continued broader market uncertainty because of Brexit etc.

There will come a point where the widened discount looks attractive (we’re already having meetings with investors who are analysing this) and we would hope the share price moves up from here. The continued uncertain market backdrop makes this hard to predict however. The whole Brexit uncertainty is creating a challenging backdrop across a lot of asset classes presently.

In terms of the Woodford situation this has not impacted BCPT. If anything this should reinforce the benefits of having an illiquid asset class such as property in a closed ended structure where it is not subject to potential gating and can be traded daily.

Bricks&mortar retail having a hard time. 30% of their income comes from retail rents. Yield of 5.5% though so I'm topping up as cash is available.

What on earth is going on here?
caught up in the Woodford debacle?