Urban Logistics REIT plc ( (GB:SHED) ) has shared an announcement.
Urban Logistics REIT plc has announced a shareholder consultation exercise regarding its proposed internalization, which aims to enhance alignment with shareholders and secure a leading logistics real estate management team. The company has also disposed of three assets for £26.3 million, reflecting a strategic move to recycle capital into higher-yielding opportunities. With 122 asset management opportunities identified, Urban Logistics is poised for significant EPS growth and capital value uplift. The company continues to benefit from strong sector dynamics, including high tenant demand and limited new space availability, positioning it well for future growth.
More about Urban Logistics REIT plc
Urban Logistics REIT plc is a London-listed real estate investment trust specializing in the rapidly growing ‘last touch’ logistics sub-sector. The company focuses on managing and developing logistics assets, with a strategic emphasis on active asset management and core assets to maximize income and capital value. Urban Logistics has consistently outperformed the UK REIT sector and relevant indices since its IPO in 2016.
YTD Price Performance: 25.59%
Average Trading Volume: 2,412,273
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £609.3M
See more insights into SHED stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com