Urban Logistics REIT (“ULR”) has provided an update on recent portfolio evolution: 4 acquisitions deploying £39.5m and a disposal crystallising a 25% IRR. An additional £40m tranche of debt funding has been secured from Aviva. 100% of all prior quarter rent (Oct-Dec) was collected. We make no changes to our forecasts as we assume that all proceeds from the December equity raise are deployed in the near term. We note an attractive 5% dividend yield once all capital is deployed and EPRA NAV headin ....
