Urban Logistics REIT plc (LON:SHED)
London flag London · Delayed Price · Currency is GBP · Price in GBX
146.40
+0.80 (0.55%)
Apr 28, 2025, 11:16 AM BST

Urban Logistics REIT Company Description

Urban LogisticsREIT plc (LON: SHED) has built a high quality, last mile/last touch logistics real estate portfolio with a gross asset value as at 30 September 2024 of £1.1 billion and with significant reversionary potential.

Recent portfolio activity by the Company points to the ability of the asset management team to continue to achieve significant rental increases, recycle capital and acquire new assets at attractive prices which fit with Urban Logistics' investment objectives.

The Company is the only London-listed REIT to focus on specialist last mile / last touch logistics assets, with a tenant base which delivers essential goods within the UK.

The Company's strategy is to invest in mid-sized logistics properties with the objective of generating attractive dividends and capital returns through active asset management.

Urban Logistics' investment adviser team, led by Richard Moffitt, has significant experience in investing in the logistics market within the broader real estate market.

The team's ability to source vital and strategically located mid-sized single let properties, with high-quality tenants, off-market at favourable terms, creates considerable value for shareholders.

Tenants include Amazon, XPO, DHL, Hermes, DPD, Boots, Unipart (for NHS), Royal Mail and J Sainsbury Plc.

Buying well and pursuing additional value enhancing asset management initiatives has driven the Company's growth, enabling Urban Logistics to grow from a £10m market cap company at IPO in April 2016 to a FTSE 250 constituent.

Urban Logistics REIT plc
Country United Kingdom
Founded 2015
Industry REIT - Industrial
Sector Real Estate

Contact Details

Address:
6th Floor, 65 Gresham Street
London, EC2V 7NQ
United Kingdom
Phone 44 20 7591 1600
Website urbanlogisticsreit.com

Stock Details

Ticker Symbol SHED
Exchange London Stock Exchange
Fiscal Year April - March
Reporting Currency GBP
ISIN Number GB00BYV8MN78
SIC Code 6798

Key Executives

Name Position
John Richard Moffitt Chief Executive Officer of Investment Adviser and Non-Independent Director
Justin Upton Chief Investment Officer
Michael Graham Perkins Financial Accountant