Deal Snapshot
Urban Logistics REIT Acquires Six UK Logistics Assets for GBP 27.8m
Monday 22 February 2021

UK logistics REIT Urban Logistics (AIM: SHED) has acquired six logistics assets for a total consideration of GBP 27.8m (USD 39.16m) at a 6.87% NIY, the firm said.

On 17 February 2021, the company acquired a portfolio of four logistics assets from Kinaxia Logistics for GBP 17.3m at a 6.24% NIY. This sale and leaseback transaction includes sites in Macclesfield, Telford, Royal Wootton Bassett and Yate.

Date Published: 22/02/2021