The deals follow its £136.1 million equity capital raise which completed in March. Add this security to watchlist, portfolio, or create an alert to track market movement + Add to watchlist + Add to portfolio + Add an alert. Urban Logistics has exchanged contracts with Wilson Bowden Developments Limited, conditional on receipt of planning permission, for the forward funding of five high-quality urban logistics assets at Nottingham and Leicester.All assets are expected to achieve an EPC 'A' rating. The Joint Venture will be seeded with a €179.3m ($220m) portfolio comprising 18 urban logistics assets in … "The development programme announced today, which we have sourced off market, will add further high-quality new assets to the company's portfolio at a time when smaller urban logistics … Urban Logistics REIT plc ("Urban Logistics" or the "Company") Portfolio Acquisition . Notice of Final Results . and . Urban Logistics adds six assets to portfolio for £27.8m creherald.com - CRE Herald. The assets are currently wholly owned by Kennedy Wilson. Chancerygate sells 11 asset urban logistics portfolio to Northwood Investors 12th January 2021 Chancerygate has sold an 11 asset portfolio to real estate private equity firm Northwood Investors for an undisclosed sum. ... As of last trade Urban Logistics REIT plc (SHED:LSE) traded at 145.24, -3.82% below its 52-week high of 151.00, set on Feb 15, 2021. NW1 Partners has sold its UK last mile logistics portfolio to the InfraRed Urban Logistics Income Fund for around £51m. Urban Logistics REIT saw the value of its portfolio rise 4.6% on a like-for-like basis in the year to the end of March, as the sub-sector continues to perform strongly despite the impact of covid-19.. The Company has been established to invest in UK-based logistics properties with the objective of generating attractive dividends and capital returns for its shareholders. AEW said the urban logistics and light industrial strategy and light industrial strategy (ULLIS) is structured as a scalable partnership, targeting the development of an initial portfolio of €800m. This refers to all movements within a city district, both in terms of supplying end customers and in terms of supplying retail, industry, or trade. The developer completed four facilities, two in Queensland and two in New South Wales, across the year totalling 90,000sq m of new logistics space. With minimal disruption to the company's portfolio due to COVID-19, the increased trend in online retail sales and exceptionally strong rent collection figures for Q1 and Q2 2020, Urban Logistics is looking to make further asset purchases in the coming months funded by the balance of the equity capital raise and a new banking facility. In this article we look at why it has become so popular and how the higher rents and capital values are justified for the modern, purpose built “last mile” developments. Seven distribution sites, with average warehouse size of 84,105 sq ft, are located in Aberdeen, Huntingdon, Blackpool, Ipswich, Newmarket, Plymouth and Rotherham. Urban Logistics REIT has acquired nine assets and a development site for a total of £56.1m.. UK logistics REIT Urban Logistics has purchased six logistics assets for a total consideration of £27.8 million, reflecting a 6.9% net initial yield … We will look to expand our urban logistic holdings in the UK throughout 2020 for both our Active Real Estate Fund IV and our dedicated Urban Logistics Income Fund.” Urban Logistics is set-up in April 2016 and listed on the AIM market of the London Stock Exchange as Pacific Industrial & Logistics. InfraRed Capital Partners Limited (“InfraRed”), on behalf of the InfraRed Urban Logistics Income Fund (“IULIF”), has completed the acquisition of an eight asset urban logistics portfolio (“the Portfolio”) from NW1 Partners and Marchmont Investment Management for £50.8m. The platform will be seeded with an initial portfolio of 33 industrial and last mile logistics properties comprising a total of approximately 200,000 sq m. Does anyone know if they were previously owned by Urban Logistics or someone else Note the 4.7% yield m: twells1 Urban Logistics snapped up the assets following its ?136.1m equity capital raising back in March for an average net initial yield of 6.3%. Private equity real estate investment firm HighBrook Investors has formed a new urban logistics platform named CityLink in partnership with Dutch asset manager and developer Proptimize. In Ripon, the company has acquired a 43,881 sq ft distribution unit on Barker Business Park for £2.9m from Xpediator plc at a 6.25 per cent net initial yield (NIY). Add to Your Watchlists. Aldi's logistics play follows the withdrawal of fellow German hypermarket Kaufland last month, backtracking on plans outlaid in 2017 for an “ambitious Australian investment and development program”. The London Metric RNS says they bought two urban logistic assets ( note lower case) but it does not say they bought two assets from Urban Logistics ie Shed.