Notice of Site Visit

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	[phone]
Buchanan Helen Tarbet Simon Compton George Beale	[phone] [phone] [phone] [phone]
Singer Capital Markets - Joint Broker James Maxwell / Alaina Wong / Oliver Platts (Banking) Alan Geeves / James Waterlow / Sam Greatrex (Markets)	[phone]
Panmure Gordon (UK) Limited - Joint Broker Chloe Ponsonby, Emma Earl (Investment Banking)	[phone]

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.

 

END

 

 

MSCBTBTTMTITBMT