Urban Logistics upbeat as rents strengthen
17th Apr 2024 08:35
(Sharecast News) - Urban Logistics REIT struck a confident tone on Wednesday, after rents rose by nearly a quarter in the last three months of the year.
Read moreLondon close: Stocks finish higher as US inflation tops forecasts
10th Apr 2024 15:00
(Sharecast News) - London's stock markets closed positively on Wednesday, as investors processed a higher-than-anticipated inflation report from the US, while Tesco paced the gains following favourable results.
Read moreUrban Logistics reports jump in demand, rise in rental income
17th Jan 2024 09:02
(Sharecast News) - Urban Logistics reported a continued surge in demand for space in an update on Wednesday, within its niche sub-sector of last-mile, last-touch delivery of essential goods in urban areas.
Read moreUrban Logistics reports strong first half, asset value slips
9th Nov 2023 08:53
(Sharecast News) - Urban Logistics reported a strong first-half financial performance on Thursday, as net rental income increased 12.1% year-on-year to £28.5m, although the value of its portfolio slipped.
Read moreUrban Logistics makes solid progress in changeable market
24th Jul 2023 08:20
(Sharecast News) - Urban Logistics reported significant recent progress in a trading update on Monday, having signed four new lettings in the second quarter, contributing £0.85m in additional rental income.
Read moreUrban Logistics swings to full-year loss
22nd Jun 2023 10:19
(Sharecast News) - Urban Logistics Reit said on Thursday that it has swung to a full-year loss, as inflation and rising interest rates led to a repricing of assets across the sector.
Read moreUrban Logistics agrees 15 new lettings in Q1
9th May 2023 07:37
(Sharecast News) - Urban Logistics REIT said it had agreed 15 new lettings in the first quarter, generating £1.6m of additional rental income.
Read moreUrban Logistics acquires five new assets
23rd Jan 2023 08:03
(Sharecast News) - Real estate investment trust Urban Logistics has acquired five new assets for a combined total consideration of £48.0m at a net initial yield of 6.0%.
Read moreUrban Logistics H1 IFRS profits tumble
11th Nov 2022 07:15
(Sharecast News) - Real estate investment trust Urban Logistics said on Friday that IFRS profits had tumbled in the six months ended 30 September despite reporting a surge in net rental income.
Read moreUrban Logistics collects 99% of rents in six months to Sept
25th Oct 2022 08:01
(Sharecast News) - Urban Logistics REIT said it had collected 99% of rents in the six months to September 30.
Read moreUrban Logistics FY net rental income surges
23rd Jun 2022 07:03
(Sharecast News) - Real estate investment trust Urban Logistics saw net rental income grow over the 12 months ended 31 March amid "significant" capital deployment and a 25.4% increase in the group's property valuation to £153.0m.
Read moreUrban Logistics deploys another £45m, agrees rent reviews
25th Apr 2022 07:33
(Sharecast News) - Urban Logistics said in an update on Monday that it had deployed a further £45m of capital at a blended net initial yield of 6.7% since 28 March.
Read moreUrban Logistics completes four acquisitions since February
28th Mar 2022 08:27
(Sharecast News) - Last-mile logistics-focussed property investor Urban Logistics said in an update on Monday that it had acquired £72m of income producing assets since February, at a blended net initial yield of 4.6% with "significant" asset management potential.
Read moreUrban Logistics admitted to Main Market, delisted from AIM
7th Dec 2021 10:00
(Sharecast News) - Specialist logistics property investor Urban Logistics confirmed on Tuesday that its entire issued share capital was being admitted to listing on the premium segment of the Official List, and to trading on the premium segment of London's Main Market.
Read moreUrban Logistics spends £29m buying three properties
5th Nov 2021 12:23
(Sharecast News) - Specialist property investor Urban Logistics announced the acquisition of three assets in October on Friday, for total consideration of £29m at a blended net initial yield of 6.7%.
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