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About the company
Urban Logistics REIT PLC is a United Kingdom-based property investment company. The Company is focused on a specialist sub-sector of the United Kingdom real estate market, investing in mid-sized urban logistics buildings up to 200,000 square feet. The Company is the REIT to focus on specialist last mile / last touch logistics assets, with a tenant base which delivers essential goods within the United Kingdom. It is principally comprised of three asset classes: Industrial, Offices and Retail, and Logistics. It invests in United Kingdom-based industrial and logistics properties with a view to delivering dividends and capital returns to its shareholders. The Company invests in assets that comprise an interest in freehold or leasehold property. It is also focused on investing in smaller single-let logistics sites. It invests in various geographical locations, such as Midlands, Southeast, Northeast, Northwest, Southwest, and Scotland. The investment manager of the Company is PCP2 Limited.
- Revenue in GBP (TTM)60.86m
- Net income in GBP18.12m
- Incorporated2015
- Employees0.00
- LocationUrban Logistics REIT plcCentral Square, 29 Wellington StreetLEEDS LS1 4DLUnited KingdomGBR
- Phone+44 207 591 1600
- Fax+44 207 591 1650
- Websitehttps://www.urbanlogisticsreit.com/
Profile
| Management group(s) | Logistics Asset Management LLP |
|---|---|
| AIC sector | Property - UK Logistics |
| ISIN | GB00BYV8MN78 |
| Launch date | 13 Apr 2016 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
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. The company 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.
Managed by
| Justin Upton, Christopher Turner, Richard Moffitt |
|---|
Management & contract fees
This fee structure runs until May 2024, when it will be replaced by the following fee structure, paid quarterly in arrears to Logistics Asset Management, the Investment Adviser appointed post period end: • 0.900% per annum of the Group’s EPRA NTA up to and including £250 million; • 0.825% per annum of the Group’s EPRA NTA in excess of £250 million and up to and including £500 million; • 0.775% per annum of the Group’s EPRA NTA in excess of £500 million and up to and including £1 billion; and • 0.750% per annum of the Group’s EPRA NTA in excess of £1 billion.
| Holder | Shares | % Held |
|---|---|---|
| BlackRock Investment Management (UK) Ltd.as of 20 Mar 2024 | 28.35m | 6.01% |
| Schroder & Co. Ltd.as of 20 Mar 2024 | 26.11m | 5.53% |
| Lazard Asset Management Ltd.as of 13 Mar 2024 | 18.84m | 3.99% |
| Investec Wealth & Investment Ltd.as of 14 Mar 2024 | 18.65m | 3.95% |
| Fidelity Management & Research Co. LLCas of 19 Mar 2024 | 18.54m | 3.93% |
| Waverton Investment Management Ltd.as of 19 Mar 2024 | 16.18m | 3.43% |
| Legal & General Investment Management Ltd.as of 20 Mar 2024 | 12.54m | 2.66% |
| Aegon Asset Management UK PLCas of 20 Mar 2024 | 12.22m | 2.59% |
| Invesco Advisers, Inc.as of 18 Mar 2024 | 10.46m | 2.22% |
| State Street Global Advisors Ltd.as of 20 Mar 2024 | 10.31m | 2.19% |
