Urban Logistics REIT PLC - specialist UK logistics real estate investor - Says it has deployed further GBP45 million of capital since late March, and total deployment since December fundraise now stands at GBP184 million. In the period from October 1 to March 31, the firm completed five new lettings, three rent reviews and two lease regears. "As we look ahead, we are optimistic that we can continue to source attractive value accretive acquisitions that are strategically positioned in current and emerging logistics hubs," says Chief Executive Richard Moffitt.
Current stock price: 189.65 pence, down 3.0% on Monday
12-month change: up 23%
By Lucy Heming; lucyheming@alliancenews.com
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Urban Logistics (SHED)