Urban 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%.
Read moreBerenberg says 'buy' Segro, Tritax EBox in sector note
26th Oct 2021 12:39
(Sharecast News) - Segro, Tritax EBox, Warehouse REIT and Industrials REIT will be the biggest gainers from rising demand for industrial and logistics real estate, Berenberg said as it launched coverage of the subsector.
Read moreUrban Logistics mulling main market listing after recent rent progress
25th Oct 2021 09:44
(Sharecast News) - Property investor Urban Logistics issued a positive trading update following the close of its interim period ended 30 September on Monday, reporting 99.4% occupancy across 91 logistics properties.
Read moreUrban Logistics makes several acquisitions following fundraise
22nd Sep 2021 09:31
(Sharecast News) - Urban Logistics updated the market on its recent acquisitions on Wednesday, reporting that since its July equity raise of £109m, it has deployed, or committed to deploy, £88m of it on 771,748 square feet of logistics units in six "off-market" transactions.
Read moreUrban Logistics raising £108m to progress acquisition pipeline
30th Jun 2021 08:51
(Sharecast News) - Last-mile logistics property investor Urban Logistics announced plans to raise a total of £108m on Wednesday, in order to progress its pipeline of "attractive opportunities".
Read moreEarnings fall as portfolio expands at Urban Logistics
9th Jun 2021 08:57
(Sharecast News) - Urban Logistics reported a total property return of 17.1% in its full-year results on Wednesday, up from 10.1% in the prior year, as its net rental income advanced 88% to £22.9m.
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