Urban Logistics REIT

Urban Logistics REIT is a British property investment company which invests in warehouses. The company is structured as a real estate investment trust (REIT). The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Urban Logistics REIT

Company type	Public limited company
Traded as	LSE: SHED
Industry	Property investment
Founded	2016; 9 years ago (2016)
Headquarters	London , United Kingdom
Key people	Nigel Rich (chairman) Richard Moffitt ( CEO)
Revenue	£60.0 million (2024)[1]
Operating income	£41.5 million (2024)[1]
Net income	£24.7 million (2024)[1]
Website	www.urbanlogisticsreit.com

History

The company was launched on the Alternative Investment Market as Pacific Industrial & Logistics REIT plc in April 2016.^[2] It changed its name to Urban Logistics REIT in March 2018.^[3] It acquired a portfolio of seven warehouses from Legal & General Investment Management in April 2020,^[4] and raised an additional £250 million in capital and transferred to the main market as in December 2021.^[5]

Operations

The company specialises in warehouses. Its portfolio was valued at £1.1 billion as at 31 March 2024.^[1]