# iShares UK Property UCITS ETF (IUKP)

**Page:** https://fundology.uk/fund/iukp · ISIN IE00B1TXLS18

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, IUKP (iShares UK Property UCITS ETF, ISIN IE00B1TXLS18) closed at £4.52 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the five years to 13/11/2026 its total return was −16.5%, or −34.8% after UK CPIH inflation.

## Summary

iShares UK Property UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2007. It tracks the FTSE EPRA Nareit UK (GBP). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.4% a year — about £40 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **£4.52** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IUKP |
| ISIN | IE00B1TXLS18 |
| Category | Property & infrastructure |
| Type | ETF |
| Provider | iShares |
| Tracks | FTSE EPRA Nareit UK (GBP) |
| Income | Distributing |
| Ongoing charge | 0.40% a year (£40 per £10,000) |
| Fund size | £383m |
| Launched | 2007 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 10/07/2010 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +8.74% | +4.88% | income reinvested |
| 3 years | +21.13% | +9.44% | income reinvested |
| 5 years | -16.46% | -34.80% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares UK Property UCITS ETF in pounds (price only, income paid out not included): 2022 −33.8%, 2023 +6.2%, 2024 −15.7%, 2025 +3.9%; 2026 to 13/11/2026 +7.8%. Returns of iShares UK Property UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +4.3%; to 30/09/2025: −14.7%; to 30/09/2024: +18.9%; to 30/09/2023: −6.9%; to 30/09/2022: −29.9%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -33.8% | -39.4% | Price |
| 2023 | +6.2% | +1.9% | Price |
| 2024 | -15.7% | -18.5% | Price |
| 2025 | +3.9% | +0.4% | Price |
| 2026 to 13/11/2026 | +7.8% | +4.4% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 20.54% | -17.25% |
| 3 years | 18.48% | -22.96% |
| 5 years | 20.80% | -44.66% |

## Largest fall

Volatility of iShares UK Property UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 20.5% over 1 year, 18.5% over 3 years, 20.8% over 5 years. Largest fall in the price of iShares UK Property UCITS ETF since November 2021, in pounds: −44.7% from 31/12/2021 to 27/03/2026. The lowest 12-month return of iShares UK Property UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −35.4% (12 months to 24/03/2023); the highest was +22.7% (12 months to 21/01/2022). On 13/11/2026 the price of iShares UK Property UCITS ETF was 33.6% below its highest weekly close since November 2021 (31/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares UK Property UCITS ETF 0.40% a year. Compared on 14/11/2026, 25 of the 45 other property and infrastructure funds charge more, 9 the same and 11 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.40%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 06/11/2026, IUKP holds 26 positions, according to its published holdings. The largest is Segro at 22.96% of the fund; the ten largest make up 77.4%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Segro | [SGRO](https://fundology.uk/stock/SGRO) | 22.96% |
| 2 | Land Securities Group | [LAND](https://fundology.uk/stock/LAND) | 10.44% |
| 3 | British Land | [BLND](https://fundology.uk/stock/BLND) | 8.22% |
| 4 | LondonMetric Property | [LMP](https://fundology.uk/stock/LMP) | 8.08% |
| 5 | Tritax Big Box REIT | [BBOX](https://fundology.uk/stock/BBOX) | 7.18% |
| 6 | UNITE Group | [UTG](https://fundology.uk/stock/UTG) | 4.68% |
| 7 | Primary Health Properties | [PHP](https://fundology.uk/stock/PHP) | 4.40% |
| 8 | Shaftesbury Capital | [SHC](https://fundology.uk/stock/LSE:SHC) | 4.11% |
| 9 | Derwent London | [DLN](https://fundology.uk/stock/DLN) | 3.83% |
| 10 | Hammerson | [HMSO](https://fundology.uk/stock/HMSO) | 3.52% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Diversified Reits | 35.5% |
| Residential Reits | 7.8% |
| Office REITs | 7.8% |
| Other Specialty REITs | 7.2% |
| Retail Reits | 6.2% |
| Cash and derivatives | 0.7% |
| Hotels and Motels | 0.5% |
| Other | 34.3% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.3% |
| Cash and money market | 0.7% |

All 30 holdings: https://fundology.uk/fund/iukp/holdings

## Questions people ask

**What is the ongoing charge of IUKP?**

The ongoing charge of IUKP is 0.40% a year — about £40 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares UK Property UCITS ETF 0.40% a year. Compared on 14/11/2026, 25 of the 45 other property and infrastructure funds charge more, 9 the same and 11 less (share classes counted once).

**What does IUKP track?**

IUKP tracks the FTSE EPRA Nareit UK (GBP).

**Is IUKP accumulating or distributing?**

IUKP is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

**What is the ISIN of IUKP?**

The ISIN of IUKP is IE00B1TXLS18. An ISIN identifies one exact share class of a fund; IUKP is its ticker on the London Stock Exchange.

**What does IUKP hold?**

As of 06/11/2026, IUKP holds 26 positions, according to its published holdings. The largest is Segro at 22.96% of the fund; the ten largest make up 77.4%. Its ten largest holdings are Segro (22.96%), Land Securities Group (10.44%), British Land (8.22%), LondonMetric Property (8.08%), Tritax Big Box REIT (7.18%), UNITE Group (4.68%), Primary Health Properties (4.40%), Shaftesbury Capital (4.11%), Derwent London (3.83%) and Hammerson (3.52%).

**What were IUKP’s returns in each of the last five years?**

Calendar-year returns of IUKP in pounds (price only, income paid out not included): 2022 −33.8%, 2023 +6.2%, 2024 −15.7%, 2025 +3.9%; 2026 to 13/11/2026 +7.8%. Past performance is not a guide to future returns.

**How has IUKP done after inflation?**

Over the five years to 13/11/2026 IUKP’s total return was −16.5%, or −34.8% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/251802/ishares-uk-property-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-uk-property-ucits-etf-gbp-dist-gb-ie00b1txls18-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/iukp-ishares-uk-property-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.