London close: Stocks finish higher on US tariff optimism
9th May 2025 16:46
(Sharecast News) - London equities ended the week higher on Friday, supported by improved sentiment surrounding US trade developments.
Read moreLondonMetric to acquire Urban Logistics in £698m deal
9th May 2025 08:11
(Sharecast News) - Property company LondonMetric revealed on Friday that it has reached agreement on the terms of a recommended cash and share offer for Urban Logistics REIT.
Read moreUrban Logistics 'minded to recommend' revised LondonMetric proposal
14th Apr 2025 16:44
(Sharecast News) - Urban Logistics REIT has received a revised takeover proposal from LondonMetric Property, it announced on Monday, valuing the company at £674m.
Read moreUrban Logistics REIT confirms takeover approach from LondonMetric
11th Apr 2025 12:52
(Sharecast News) - Urban Logistics REIT confirmed on Friday that it has received a preliminary, indicative takeover proposal from LondonMetric.
Read moreAchilles moves to oust Urban Logistics chair
26th Mar 2025 12:12
(Sharecast News) - Activist investor Achilles Investment has called for a radical overhaul of Urban Logistics' board, including the removal of chair Nigel Rich, it was confirmed on Wednesday.
Read moreUrban Logistics agrees to internalisation proposal with investment adviser
7th Mar 2025 08:51
(Sharecast News) - Property investment firm Urban Logistics REIT has agreed to an internalisation proposal with its investment adviser Logistics Asset Management to be effected via the acquisition of the management vehicle.
Read moreUrban Logistics completes new lettings over five units
13th Feb 2025 08:05
(Sharecast News) - Property investor Urban Logistics said on Thursday that it has completed new lettings over five units since 30 September, totalling 301,000 square feet of space and £3.0m per annum headline rent.
Read moreUrban Logistics delivers solid first half as rental income rises
7th Nov 2024 14:29
(Sharecast News) - Warehouse-focused real estate investment trust Urban Logistics has delivered a solid set of results for its first half, during which it refinanced debt facilities and delivered an increase in both rental income and adjusted profits.
Read moreUrban Logistics refinances £151m facility, acquires four assets
17th Sep 2024 08:40
(Sharecast News) - Urban Logistics REIT announced the successful refinancing of its £151m debt facility on Tuesday.
Read moreUrban Logistics posts stable results after second-half recovery
20th Jun 2024 07:50
(Sharecast News) - Urban Logistics REIT reported an 8.4% improvement in net rental income in its full-year results on Thursday, to £57.4m.
Read moreUrban 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.
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