Recently, Urban Logistics REIT (SHED) has fallen to a wide discount rating, as the rising cost of debt and concerns over a protracted recession have hit sentiment towards the logistics property sector. However, the long-term trends that have characterised growth in the sector remain and are even more acute in the ‘last mile’ sub-sector that SHED operates. Supply of logistics space is at record lows, while demand is robust, with take-up for the first half of the year at record highs.
The strength ....
04 Oct 2022
Urban Logistics REIT - Long-term dynamics remain strong
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Urban Logistics REIT - Long-term dynamics remain strong
Urban Logistics REIT plc (SHED:LON) | 115 0 0.0% | Mkt Cap: 541.8m
- Published:
04 Oct 2022 -
Author:
James Carthew | Matthew Read | Richard Williams -
Pages:
21
Recently, Urban Logistics REIT (SHED) has fallen to a wide discount rating, as the rising cost of debt and concerns over a protracted recession have hit sentiment towards the logistics property sector. However, the long-term trends that have characterised growth in the sector remain and are even more acute in the ‘last mile’ sub-sector that SHED operates. Supply of logistics space is at record lows, while demand is robust, with take-up for the first half of the year at record highs.
The strength ....