Urban Logistics REIT : SHED, (formerly Pacific Industrial and Logistics REIT : PILR) invests in UK based industrial and logistics properties (typically single let). Investments will be in smaller industrial and logistics properties (with an average lot value across a portfolio at acquisition of less than £10m (increased by RPI from Admission)) across the UK.
They say “By consolidating a quality, specialist platform across established regions, we will offer investors exposure to a real estate sector that offers sustainable and attractive returns. The smaller lot size market is a relatively under-invested sector with excellent fundamentals.”
We have written a note which seeks to explain what the company is trying to achieve and how it is going about that – Shed load of growth to come – was published on 10 August 2021
you can access the company’s website here