Notice of Site Visit

By

Regulatory News | 23 Nov, 2022

Updated : 14:43

RNS Number : 2411H
Urban Logistics REIT PLC
23 November 2022
 

23 November 2022



Urban Logistics REIT plc

("Urban Logistics" or the "Company")

Site Visit


Urban Logistics REIT (LON: SHED), the last mile logistics focused REIT, is today hosting a visit for investors and analysts to its recently acquired unit leased to Delice de France in Southall.

The visit is intended to give greater insight into how Urban Logistics drives value through active asset management. No new material information will be given.

 

- Ends -

 

Urban Logistics REIT plc

Richard Moffitt

 

+44 (0)20 7591 1600

Buchanan

Helen Tarbet

Simon Compton

George Beale          

 

+44 (0)20 7466 5000

+44 (0) 7872 604453

+44 (0) 7979 497324

+44 (0) 7450 295099

Singer Capital Markets - Joint Broker

James Maxwell / Alaina Wong / Oliver Platts (Banking)

Alan Geeves / James Waterlow / Sam Greatrex (Markets)

 

+44 (0)20 7496 3000

Panmure Gordon (UK) Limited - Joint Broker

Chloe Ponsonby, Emma Earl (Investment Banking)

 

+44 (0)20 7886 2500

 

About Urban Logistics REIT

Urban Logistics REIT plc (LON: SHED) is a FTSE 250 property investment company. The Company is the only London-listed REIT to focus on specialist last mile / last touch logistics assets, with a tenant base which delivers essential goods within the UK. The Company's strategy is to invest in mid-sized logistics properties with the objective of generating attractive dividends and capital returns through active asset management.

Urban Logistics' investment management team, led by Richard Moffitt and Christopher Turner, has over 50 years' experience in investing in the logistics market within the broader real estate market. The team's ability to source vital and strategically located mid-sized single let properties, with high-quality tenants, off-market at favourable terms, creates considerable value for shareholders. Tenants include Amazon, XPO, DHL, Hermes, DPD, Boots, Unipart (for NHS), Royal Mail and J Sainsbury Plc.

Buying well and pursuing additional value enhancing asset management initiatives has driven the Company's growth, enabling Urban Logistics to grow from a £10m market cap company at IPO in April 2016 to own a property portfolio of over £1bn at September 2022.

 

 

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