Appointment of Joint Broker

RNS Number : 9709H

Urban Logistics REIT PLC

06 August 2019

 

Urban Logistics REIT plc

("Urban Logistics" or the "Company")

Appointment of Joint Broker

Urban Logistics, (AIM: SHED) the specialist UK industrial and logistics REIT, is pleased to announce the appointment of Panmure Gordon (UK) Limited as its Joint Broker, alongside N+1 Singer, with immediate effect.

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For further information contact:

Urban Logistics REIT plc Richard Moffitt	[phone]
Montfort - Financial PR and IR adviser Olly Scott	[phone]
N+1 Singer - Nominated Adviser and Joint Broker Sandy Fraser / James Moat (Corporate Finance) Alan Geeves / James Waterlow / Sam Greatrex (Sales)	[phone]
Panmure Gordon (UK) Limited - Joint Broker Chloe Ponsonby (Corporate Broking) Emma Earl (Corporate Finance)	[phone]
Radnor Capital Partners Joshua Cryer Iain Daly	[phone]

About Urban Logistics REIT

Urban Logistics REIT plc is a property investment company, quoted on the AIM market of the London Stock Exchange, (AIM: SHED).

The Company has been established to invest in UK-based industrial and logistics properties with the objective of generating attractive dividends and capital returns for its shareholders. Its investment strategy focuses on strategically located smaller single let industrial and logistics properties servicing high-quality tenants. Investment returns will be generated by an experienced management team focusing on quality stock selection and active asset management.

A number of structural and commercial factors currently support the attractive opportunity in the last mile/regional industrial and logistics real estate sub-sectors targeted by the Company, including: strong occupier demand, (driven by the growth of e-commerce and investment by retailers in their associated supply chain) and a decline in the supply of smaller sized lettable space in industrial and logistics real estate across the UK.

 

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