SWIP UK Balanced Property trust starts trading

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Trading in shares of the Scottish Widows Investment Partnership (SWIP) UK Balanced Property Trust be...

Trading in shares of the Scottish Widows Investment Partnership (SWIP) UK Balanced Property Trust began on 20 March 2002. A stock market announcement confirmed that a total of 150 million ordinary shares were issued and the initial gross assets, including bank debt, amount to £227.5m. The cost of the launch was 2.25% of the initial gross assets and the offer was fully subscribed.

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