By David Parsley2018-03-19T08:39:00
Pacific Industrial & Logistics REIT has confirmed the launch of a £50m fundraising this morning to acquire 16 properties for £73.6m, as revealed in Property Week last Friday.
The deals will increase the specialist urban logistics investor’s portfolio size by 60% to £200m.
The business has also announced its intention to change its name to Urban Logistics REIT, with the stock exchange ticker SHED, better representing what it does.
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.