Tag: Warehouse REIT
Warehouse REIT divests £57.5m of assets
Warehouse REIT has divested single-let assets for £57.5 million in three separate transactions, representing a net yield on passing rent of 5.8%. Warehouse REIT...
Warehouse REIT sells two assets for 3.7% above book value
UK Real Estate Investment Trust Warehouse REIT has announced divestment of two assets in separate transactions for a total consideration of £13.4 million. The combined...
Warehouse REIT reports 22.1% rise in Q4 contracted rent
Warehouse REIT has announced a robust quarter of leasing activities for the three months ending on December 31, 2023. According to the company, this...
Warehouse REIT sells two assets for £9.5m
Warehouse REIT has sold two assets totalling £9.5 million, together 30% ahead of the 31 March 2023 book value, reflecting an average net initial...
Warehouse Reit appoints Dominic O’Rourke as non-executive director
Warehouse Reit, a FTSE 350 UK Real Estate Investment Trust, has appointed Dominic O’Rourke as an independent non-executive director, effective immediately. O’Rourke is currently Group...
Warehouse REIT divests two distribution assets for £29.5m
Warehouse REIT has completed the sale of two distribution assets totalling 269,000 per sq ft for £29.5 million, generating an ungeared IRR of 9%. The...
Warehouse REIT completes four lettings totalling 121,000 sq ft
Warehouse REIT has completed four long-term lettings totalling 121,400 sq ft, increasing portfolio occupancy to 93.3% from 92.7% as at September 30. Paul Makin, Investment...
Warehouse REIT secures planning consent for 1msf at Crewe
Warehouse REIT has secured a resolution to grant outline planning permission from Cheshire East Council for a further 1,020,000 sq ft of warehousing at its flagship...
Warehouse REIT, Panattoni to deliver 2 msf logistics park in North...
Warehouse REIT has signed an agreement with Panattoni to bring forward the development of up to 2 million sq ft at its logistics hub...
Warehouse REIT buys Milton Keynes industrial asset for £62m
Warehouse REIT has agreed to acquire Bradwell Abbey Industrial Estate for £62 million, reflects a net initial yield of 4%. The multi-let industrial estate totals...