Finance

Urban Logistics completes six off market deals for £88m

By 2021-09-22T07:57:00

Boxes being carried on a forklift

Source: Fotolia

Urban Logistics has paid £88m to acquire 771,748 sq ft of units in six off market deals.

The deals follow the group’s £109 equity raise in July, and the deals represent a blended net initial yield of 5.4%.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue