Urban Logistics REIT – Property Week

Urban Logistics spends £72m on four deals. Last-mile logistics focussed REIT Urban Logistics has spent £72m on four assets in London, Warwickshire and Yorkshire.

Pacific Asset Management Appoint Tim Eyles as Chairman

Pacific Asset Management (PAM) today announces it has appointed Tim Eyles as Chairman. Tim was previously Board Chair and Managing Partner at global professional services firm, Taylor Wessing, which he led through a period of transformational growth from 2009 to 2018.

Pacific Asset Management – Will Thompson Appointed as First Chief Sustainability Officer

Pacific Asset Management (PAM) today announces it has appointed sustainable multi-asset portfolio manager, Will Thompson, as Chief Sustainability Officer responsible for delivering PAM’s sustainable investment strategy, as well as chairing its Responsible Investment Committee. He has also been appointed portfolio manager on the Pacific Multi-Asset Accumulator Fund range in addition to his role as portfolio manager on the Pacific Sustainable Multi-Asset range.

Argentex – City A.M

Foreign exchange firm Argentex has proposed an interim dividend of 0.75p per share as its revenue climbs to record levels. The London-based company had revenue jump more than 30 per cent in the six months to 30 September, according to its interim financials. Argentex boasted a highly cash generative first half with 79 per cent of revenue converting to cash in three months or less.