Urban Logistics REIT plc ( (GB:SHED) ) has issued an update.
Urban Logistics REIT plc has announced a move towards an internalized management structure, highlighting the potential for significant rental increases and strategic asset acquisitions. The company has engaged in discussions with shareholders, who largely support the proposals, and clarified that no corporate acquisition offers have been received, though any future offers will be evaluated accordingly.
More about Urban Logistics REIT plc
Urban Logistics REIT plc operates in the real estate investment trust industry, focusing on logistics properties. The company specializes in acquiring and managing logistics real estate assets, aiming to achieve rental growth and capital recycling to align with its investment goals.
YTD Price Performance: 22.85%
Average Trading Volume: 2,319,218
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £585.1M
For an in-depth examination of SHED stock, go to TipRanks’ Stock Analysis page.
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