Urban Logistics Welcomes Withdrawal of Requisition
The retailer has announced the withdrawal of a requisition for a general meeting, following discussions with a potential acquirer.
The retailer has announced the withdrawal of a requisition for a general meeting, following discussions with a potential acquirer.
The real estate investment trust has received a revised proposal from LondonMetric Property regarding a possible offer for the company's entire issued and to be issued share capital.
The real estate investment trust has received a preliminary, indicative proposal from LondonMetric Property regarding a possible offer for the company.
The logistics REIT has acquired two properties for £21.1 million, delivering a substantial yield uplift over recent disposals and opportunities for active asset management.
The retailer provides a response to an announcement made by Achilles Investment Company Limited, stating that a general meeting will be held to address proposed board changes.
The logistics REIT has completed the disposal of three assets for £26.3 million, achieving a premium to book value. The proceeds will be reinvested into higher yielding assets.
The real estate investment trust announces positive shareholder engagement on proposals to move to an internalised management structure, highlighting the company's ability to drive operational and financial performance.
The real estate investment trust has announced a change in major shareholding, with Harwood Capital LLP increasing its stake.
The logistics REIT plans to internalise its management, which is expected to reduce costs and improve alignment with shareholders.
The logistics property company has completed new lettings totaling 301,000 sq ft and £3.0m in annual rent, driving occupancy and rental income growth.