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RNS Number : 4719Z
Urban Logistics REIT PLC
03 September 2018
 

 

Urban Logistics REIT plc

 

("Urban Logistics" or "the "Company")

 

 

Appointment of Nominated Adviser and Broker

 

 

Urban Logistics REIT plc (AIM: SHED), the specialist UK logistics REIT, is pleased to announce the appointment of Nplus1 Singer Advisory LLP ("N+1 Singer") as Nominated Adviser and sole Broker to the Company with immediate effect.

 

 

For further information contact:

 

Urban Logistics REIT plc

Richard Moffitt

 

+44 (0)20 7591 1600

Montfort - Financial PR and IR adviser

Olly Scott

 

+44 (0)78 1234 5205

N+1 Singer - Nominated Adviser and Broker

James Maxwell / James Moat (Corporate Finance)

Alan Geeves / James Waterlow / Sam Greatrex (Sales)

 

+44 (0)20 7496 3000

 

 

About Urban Logistics REIT plc

 

Urban Logistics REIT plc is a property investment company, quoted on the AIM market of the London Stock Exchange, (AIM: SHED).

 

The Company has been established to invest in UK based industrial and logistics properties with the objective of generating attractive dividends and capital returns for its shareholders. Its investment strategy focuses on strategically located smaller single let industrial and logistics properties servicing high-quality tenants. Investment returns will be generated by an experienced management team focusing on quality stock selection and active asset management.

 

A number of structural and commercial factors currently support the attractive opportunity in the last mile/regional industrial and logistics real estate sub-sectors targeted by the Company, including: strong occupier demand (driven by the growth of e-commerce and investment by retailers in their associated supply chain) and a decline in the supply of lettable space in industrial and logistics real estate across the UK (being more than one third lower than the most recent peak of 2009).


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