Industrials REIT (formerly Stenprop : STP and before that GoGlobal Properties) is a Guernsey registered, UK REIT. Its objective is to deliver sustainable and growing income to its shareholders.
In 2017 it identified UK multi-let industrial as a sector likely to deliver superior growth as a result of a structural imbalance in supply and demand and decided to focus on this area. It believes a focused strategy both in terms of sector and geography will deliver investors strong risk adjusted returns. It set out to sell most of its non-multi-let industrial assets and use the sale proceeds to build a business that is focused on UK multi-let industrial assets.
Industrials REIT was domiciled in Bermuda until March 2018 when it moved to Guernsey. It converted to a UK REIT structure in May 2018.
MLI : Industrials REIT