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Achilles Investment Company Challenges Urban Logistics REIT’s Governance

Story Highlights
  • Achilles criticizes Urban Logistics REIT’s Board for its alignment with the investment manager.
  • Achilles supports a strategic review to enhance shareholder value and prioritize shareholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An announcement from Achilles Investment Company Limited ( (GB:AIC) ) is now available.

Achilles Investment Company Limited has responded to recent announcements by Urban Logistics REIT PLC regarding proposed internalisation and governance issues. Achilles criticizes the Board’s alignment with the investment manager and highlights concerns over transparency and the handling of management contracts. The company supports a strategic review to enhance shareholder value and advocates for new leadership to prioritize shareholder interests.

More about Achilles Investment Company Limited

YTD Price Performance: 1.47%

Average Trading Volume: 22,116

Learn more about AIC stock on TipRanks’ Stock Analysis page.

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