Less Ads, More Data, More Tools Register for FREE

Raw Charging launches rapid charging hub for UK Commercial Property

Thu, 14th Dec 2023 10:35

(Alliance News) - Raw Charging Group Ltd on Thursday said that it launches an ultra rapid charging hub at two sites for UK Commercial Property REIT Ltd.

Raw Charging offers electric vehicle charging for the hospitality, leisure and retail sector, while UK Commercial Property is a UK-focused real estate investment trust managed by abrdn PLC.

Raw Charging said a mix of 28 new rapid and ultra-rapid electric vehicle charging bays will be installed across two well-located retail locations, one at Junction 27 Retail park in Batley, West Yorkshire, and the other one at St George's shopping park in Leicester.

Will Fulton, fund manager at abrdn said: "One of our key goals for the UK Commercial Property REIT portfolio is to ensure that our assets provide the best possible service to customers and other stakeholders, and that they help create a sustainable future in line with our net zero ambitions. Working with Raw to install much needed charging facilities at these two well located and popular retail parks helps us achieve both those goals and we will continue to work with best in class EV operators, such as Raw Charging, to deliver on our ambitions."

UK Commercial Property shares were up 4.2% to 59.83 pence each on Thursday morning in London.

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Related Shares

More News
17 May 2024 10:59

Tritax Big Box REIT completes merger amid strong opening quarter

(Alliance News) - Tritax Big Box REIT PLC on Friday reported increased rental income from development activity in the three months ended March 31, ahe...

17 May 2024 07:42

LONDON BRIEFING: Land Securities ups dividend; GSK sells Haleon stake

(Alliance News) - Stocks in London are called to open lower, as investors wait for an inflation reading from the eurozone later this morning.

16 May 2024 20:09

TRADING UPDATES: Bens Creek considers administration; Nexxen inks deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

25 Apr 2024 15:49

UK shareholder meetings calendar - next 7 days

19 Apr 2024 14:23

UK Commercial Property NAV underperforms but losses narrow in 2023

(Alliance News) - UK Commercial Property REIT Ltd on Friday said that returns fell behind its benchmarks in 2023, though it reported narrowed losses o...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.