Urban Logistics recycles £21.1m into higher yielding assets

Urban Logistics REIT has announced the acquisition of two logistics assets for £21.1m, as it looks to demonstrate the strengths of its strategy amid an activist shareholder revolt. The assets in Liverpool and Leeds were bought at a blended net initial yield (NIY) of 7.34% and a blended reversionary yield of 7.64%. These were funded … Continue reading Urban Logistics recycles £21.1m into higher yielding assets