The industrial and logistics sector suffered its largest fall in value on record in the second half of 2022, even eclipsing that of the global financial crisis, as investment yields moved out rapidly to keep pace with interest rates. The re-rating of Urban Logistics REIT’s (SHED’s) share price was at an even greater velocity, putting it on a wide discount. However, evidence that values have bottomed out is building, with MSCI reporting uplifts in March for the first time in months. Whilst SHED h ....
17 May 2023
Urban Logistics REIT – Fundamentals strong as market stabilises
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Urban Logistics REIT – Fundamentals strong as market stabilises
Urban Logistics REIT plc (SHED:LON) | 115 -0.5 (-0.3%) | Mkt Cap: 541.8m
- Published:
17 May 2023 -
Author:
Matthew Read | Richard Williams -
Pages:
15
The industrial and logistics sector suffered its largest fall in value on record in the second half of 2022, even eclipsing that of the global financial crisis, as investment yields moved out rapidly to keep pace with interest rates. The re-rating of Urban Logistics REIT’s (SHED’s) share price was at an even greater velocity, putting it on a wide discount. However, evidence that values have bottomed out is building, with MSCI reporting uplifts in March for the first time in months. Whilst SHED h ....