Urban Logistics REIT
Urban Logistics REIT is a property company which invests in warehouses. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
 | |
| Type | Public limited company |
|---|---|
| LSE: SHED | |
| Industry | Property |
| Founded | 2016 |
| Headquarters | London, United Kingdom |
Key people |
|
| Revenue |  £37.8 million (2022)[1] |
| £176.4 million (2022)[1] | |
| £171.8 million (2022)[1] | |
| Website | www |
History
The company was launched on the Alternative Investment Market as Pacific Industrial & Logistics REIT plc in April 2016.[2] It changed its name to Urban Logistics REIT in March 2018.[3] It acquired a portfolio of seven warehouses from Legal & General Investment Management in April 2020,[4] and raised an additional £250 million in capital and transferred to the main market as in December 2021.[5]
Operations
The company specialises in warehouses. Its portfolio was valued at £1.0 billion as at 31 March 2022.[1]
References
- "Annual Report 2022" (PDF). Urban Logistics REIT. Retrieved 18 February 2023.
- "Pacific Industrial & Logistics' Turner talks AIM listing and investor returns". Proactive Investors. 21 April 2016. Retrieved 3 March 2022.
- "Proposed £50 million placing to fund acquisitions". Financial Times. 19 March 2018. Retrieved 3 March 2022.
- "Urban Logistics REIT acquires £47m Crown Portfolio from LGIM". IPE Real Assets. 30 April 2020. Retrieved 18 June 2022.
- "Urban Logistics buys four more warehouses for £29m". ITT Hub. 3 January 2022. Retrieved 3 March 2022.
External links
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