Tag: Urban Logistics
Urban Logistics REIT to internalise management
Urban Logistics REIT has announced a proposed internalisation of its management structure, a move intended to reduce operating costs and better align management interests...
Urban Logistics grows rental income with new leases
London-listed REIT Urban Logistics has completed new lease agreements across five units, covering a total of 301,000 square feet.
These agreements have generated an...
Urban Logistics launches £7.5m share buyback programme
London-listed Urban Logistics REIT has announced its intention to commence a discretionary share buyback programme with a maximum aggregate consideration of up to £7.5...
Urban Logistics REIT completes £190m debt refinancing
London listed REIT Urban Logistics has refinanced the company's existing secured bank facility, which comprised a £100 million term loan and £51 million revolving...
Cherine Aboulzelof joins Urban Logistics as non-executive director
London listed REIT Urban Logistics has appointed Cherine Aboulzelof as an Independent Non-Executive Director, effective from 1 July 2024.
Cherine Aboulzelof will be a memeber...
Urban Logistics secures £57m sustainable transition loan from Aviva Investors
Aviva Investors has provided an additional £57 million in sustainable transition financing to Urban Logistics REIT.
The new loan, a nine-year facility, is secured against...
Urban Logistics pays £48m for five assets
Urban Logistics, the last mile logistics focused REIT, has bought five assets for a total consideration of £48 million at a net initial yield...
Urban Logistics adds £90m of assets to portfolio
Urban Logistics, the last mile logistics focused REIT, has acquired five assets for £90 million, reflecting a 4.5% net initial yield (NIY).
The REIT acquired;
-Brent Road, Southall,...
M7 Real Estate sells retail warehouse to Urban Logistics REIT
M7 Real Estate has sold a retail warehouse in Edinburgh, Scotland to Urban Logistics REIT for £13.2 million, on behalf of the M7 Box+ II...
Urban Logistics REIT to sell five assets to Carlyle JV for...
Urban Logistics REIT has agreed to sell five assets located in Bedford, Northampton (two warehouses), Leicester and Chesterfield to a joint venture between The...