Home   »   News

NEWS

March 28, 2022

Urban Logistics REIT – Property Week

The deal represents a blended net initial yield of 4.6%.

The deals include the group’s first central London property, purchased for £28m at a net initial yield of 4.2%. The company has bought a 94,841 sq ft last mile automotive logistics, servicing and sales centre in Battersea, London, let to Lookers Motor Group until July 2041.

Urban Logistics latest acquisitions bring the total capital deployed since the group’s December fundraise to £140m.

The deals also include the £40m acquisition two distribution warehouse in Goole, Yorkshire, as well as a 31,187 sq ft warehouse on Fairview Industrial Estate in North Warwickshire, which was bought for £3.65m.

To read the full article, please click here.

LATEST ARTICLES

August 10, 2022

Pacific Asset Management – Sustainable Multi-Asset: Q3 Investment Outlook

The global heatwave is pushing up demand for energy and the price of food making central banks’ jobs even harder. We sit here in the

July 19, 2022

Pacific Asset Management – Longevity & Social Change: Summertime and the living ain’t easy

As we pass the halfway mark of 2022, global equities are down 12% in GBP, with Q2 offering no respite. Market volatility remains elevated with

June 14, 2022

Pacific Asset Management – Citywire

Pacific Asset Management has launched a Pacific North of South EM Equity income Opportunities Fund, a high yielding concentrated portfolio, managed by Matthew Linsey, Kamil

May 4, 2022

Urban Logistics – Investors’ Chronicle: Strategies to Beat Inflation

History suggests real assets hold up well against inflation, but there are lots of contextual factors to consider. Inflation’s ‘team transitory’ is a shrinking breed. Ever