Urban Logistics REIT (URL) has acquired a further £45m of assets at a blended NIY of 6.7%, taking total deployment since the December 2021 £250m fund raise to £184m at a blended yield of 5.4%. URL disclosed that they are on track to be fully deployed on a geared basis by the end of June and that they “are optimistic that we can continue to source attractive value accretive acquisitions that are strategically positioned in current and emerging logistics hubs.” URL will report its annual results t ....

25 Apr 2022
£45m of acquisitions, full deployment in sight


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£45m of acquisitions, full deployment in sight
Urban Logistics REIT plc (SHED:LON) | 161 -1.6 (-0.6%) | Mkt Cap: 759.9m
- Published:
25 Apr 2022 -
Author:
Andrew Watson -
Pages:
3 -
Urban Logistics REIT (URL) has acquired a further £45m of assets at a blended NIY of 6.7%, taking total deployment since the December 2021 £250m fund raise to £184m at a blended yield of 5.4%. URL disclosed that they are on track to be fully deployed on a geared basis by the end of June and that they “are optimistic that we can continue to source attractive value accretive acquisitions that are strategically positioned in current and emerging logistics hubs.” URL will report its annual results t ....