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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...

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