UPDATE: In June 2025, Urban Logistics was acquired by LondonMetric in a £700m cash and share deal.
Urban Logistics REIT (ticker: SHED) specialises in single-let last-mile logistics properties in the UK that range in size from 20,000 to 200,000 sq ft. Since listing in 2016, its portfolio has increased from 11 assets to 130 with a combined value of around £1.2bn. The trust has delivered an impressive annualised NAV return since its IPO of 16.5%, thanks to a range of asset improvement measures and a multi-year fall in rental yields for UK logistic assets. However, the logistics sector was spooke...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.