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Urban Logistics (SHED) Share News

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IN BRIEF: Urban Logistics says demand still outstripping supply

17th Jan 2024 10:34

Urban Logistics REIT PLC - UK-focused logistics real estate investment trust - Says demand for space continues to outstrip supply in the "last mile, last touch delivery" sub-sector for essential goods in urban locations. Reports completion of seven lease events since October 1, which "are evidence of significant asset management opportunities available to the company". Says new leases generated around GBP500,000 in additional rental income with passing rent increasing by 31% for over 400,000 square feet. Another two leases are either in solicitors' hands or under offer, which Urban Logistics expects to "further reduce portfolio vacancy". Read More

UK dividends calendar - next 7 days

8th Dec 2023 14:57

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LONDON BROKER RATINGS: Citi and Peel up B&M; JPMorgan cuts 888

30th Nov 2023 09:57

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More

UK dividends calendar - next 7 days

16th Nov 2023 15:53

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LONDON BROKER RATINGS: Goldman likes Smith & Nephew; UBS picks Wise

10th Nov 2023 09:29

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More

Urban Logistics interim earnings rise, but is unable to buy new assets

9th Nov 2023 12:11

(Alliance News) - Urban Logistics REIT PLC on Thursday remained optimistic about its future prospects after posting an interim earnings rise, despite being unable to buy new assets. Read More

"Good value to be had" at London-listed REITs as rates hit likely peak

3rd Nov 2023 09:22

(Alliance News) - Real estate investment trusts enjoyed a decent rally on the stock market on Thursday, after the Bank of England decided against a rate hike, and Shore Capital believes it could be time for the sector to shine again. Read More

UK earnings, trading statements calendar - next 7 days

2nd Nov 2023 15:57

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LONDON BROKER RATINGS: Jefferies cuts CMC Markets to 'underperform'

31st Aug 2023 08:59

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More

Urban Logistics hails active asset management on operational successes

24th Jul 2023 09:11

(Alliance News) - Urban Logistics REIT PLC on Monday said it remains focused on delivering a strong operational and financial performance in challenging times by using active asset management. Read More

UK shareholder meetings calendar - next 7 days

21st Jul 2023 15:38

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UK dividends calendar - next 7 days

14th Jul 2023 15:56

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LONDON BROKER RATINGS: UBS cuts BT'; HSBC starts Smiths with 'hold'

27th Jun 2023 08:57

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning: Read More

DIRECTOR DEALINGS: GSK CFO buys shares worth GBP321,500

23rd Jun 2023 17:25

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News: Read More

UK dividends calendar - next 7 days

22nd Jun 2023 15:44

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Urban Logistics swings to yearly loss but eyes maintaining dividend

22nd Jun 2023 09:22

(Alliance News) - Urban Logistics REIT PLC said on Thursday that it had swung to an annual loss, citing challenging market conditions in the property market. Read More

LONDON BRIEFING: Whitbread "in great shape"; DS Smith profit rises

22nd Jun 2023 08:03

(Alliance News) - Stocks in London are expected to open lower on Thursday, as investors wait for the Bank of England's interest rate decision, while the UK continues to be gripped by wild inflation. Read More

UK earnings, trading statements calendar - next 7 days

15th Jun 2023 15:50

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Urban Logistics REIT notes "significant" new lettings in final quarter

9th May 2023 09:54

(Alliance News) - Urban Logistics REIT PLC on Tuesday said it has completed some "significant" new lettings in the three months ended March 31, as it announced the appointment of its new chief investment officer. Read More

IN BRIEF: Urban Logistics REIT proposes new management arrangements

21st Apr 2023 18:46

Urban Logistics REIT PLC - London-based property investment company specialising in urban logistics assets - Convenes general meeting on May 11 to put forward proposals for future management arrangements following conclusion of a review. Proposes Logistics Asset Management, which currently provides asset management services to the existing alternative investment fund manager to the firm, PCP2 Ltd, be appointed as the investment adviser to the company and the company's new AIFM. The investment adviser will, from the date of its appointment, be controlled by Richard Moffitt, current chief executive. Further, proposes G10 Capital Ltd succeed PCP2 as the new AIFM to the company. States independent Directors have concluded the proposals provide for both the continuity of the existing management team, principally Richard Moffitt and Christopher Turner, as well as securing a lower cost base going forward. In addition, Mark Johnson has decided to step down from the board following the general meeting while at the same time Jonathan Gray will retire from the board and take up the position of non-executive chair of the investment adviser. Read More

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