▪ UK Commercial Property Reit (UKCM)

can take comfort knowing its second-largest shareholder will back this week’s resolution calling for the company to continue operating.

Investec Wealth & Investment holds 11 per cent and believes shares in the FTSE 250 firm, which has a £1.7 billion portfolio, are ‘oversold’.

That will boost UKCM after the group earlier this month revealed the meeting would be held to decide its future.

The vote is triggered whenever its share price falls below its net asset value for at least 90 days. UKCM shares have fallen around 21 per cent this year.

The trust has ‘unanimously’ called on its investors to back the resolution. Its largest investor, insurer Phoenix Group, has already pledged its support.