QuotedData’s morning briefing 23 July 2024 – DGI9, PAC, WHR

In QuotedData’s morning briefing 23 July 2024:

• Digital 9 Infrastructure (DGI9) announced the appointment of Mr Philip Braun as an independent non-executive director of the company with effect from 22 July 2024. Further to the company’s announcement on 12 June 2024 and following Mr Philip Braun’s appointment to the board of DGI9, Mr Aaron Le Cornu stepped down as a non-executive director of the company on 22 July 2024.
• Pacific Assets Trust (PAC) has announced the appointment of June Ang as an independent non-executive cirector of the company, with effect from 26 September 2024. Previously, Ms Ang was the managing director, and later a non-executive director, of PEAL Capital Partners.
• Warehouse REIT (WHR) completed 27 leasing transactions in the three months to 30 June 2024, securing £4.1m of contracted rent at an average 15.1% ahead of previous contracted rent. This included 12 new lettings at a 36.7% uplift to the previous rent. The company also announced the sale of Pikelaw Place, a single-let asset in Skelmersdale, for £4.1m, 22.0% or £0.7m ahead of the March 2024 valuation. This brings total sales in the quarter to £61.6m. Following these disposals, around 90% of leases by contracted rent are on an open market basis.

We also have an update on Taylor Maritime Investments.