It has been a whirlwind few months for Urban Logistics REIT (SHED) as it continues to grow rapidly in one of the best-performing real estate sectors in the UK. The group deployed the proceeds of a July capital raise in short order and earlier this month raised a further £250m to plough into a NAV accretive pipeline. The logistics sector is currently in the sweet spot, with high demand for space and a chronic lack of supply resulting in strong and sustained rental growth. Not resting on its laure ....
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In the sweet spot
Urban Logistics REIT plc (SHED:LON) | 113 0 0.0% | Mkt Cap: 531.9m
- Published:
22 Dec 2021 -
Author:
James Carthew | Matthew Read | Richard Williams -
Pages:
14
It has been a whirlwind few months for Urban Logistics REIT (SHED) as it continues to grow rapidly in one of the best-performing real estate sectors in the UK. The group deployed the proceeds of a July capital raise in short order and earlier this month raised a further £250m to plough into a NAV accretive pipeline. The logistics sector is currently in the sweet spot, with high demand for space and a chronic lack of supply resulting in strong and sustained rental growth. Not resting on its laure ....