City grandees launch bid to unseat Urban Logistics chair Investing An investment trust run by City grandees has called a shareholder vote to unseat the chair and two directors of Urban Logistics REIT. City veterans Christopher Mills and Robert Naylor run Achilles Investment Company, and have banded together with Waverton Investment Management, TR Property Investment Trust and Harwood Capital to launch the takeover. Naylor and [...]
The five REITs primed to be bought next Investing Real estate investment trusts (REITs) have been dropping like flies this year, as competitors increasingly pursue mergers to grow their size, and many have begun to speculate about which one might be next to go. The largest merger of the year was LXI REIT, which was bought out by Londonmetric Property at the start of [...]
Urban Logistics REIT sees rent boom while eyeing expansion Property Urban Logistics REIT saw rental income jump 8.4 per cent last year, as the company looks to deploy capital and continue expanding.
Urban Logistics: Bidding war erupts over Abrdn property trust February 21, 2024 A bidding war has erupted over the Abrdn Property Income Trust, as the £592m Urban Logistics REIT has made a counteroffer to Custodian Property Income's bid for the trust.