Warehouse REIT sees ‘strong’ outlook for logistics despite headwinds

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Urban and last-mile logistics specialist Warehouse REIT has told investors that the group’s confidence “remains strong” despite the “challenging macroeconomic backdrop”.

In a trading update ahead of revealing estimated rental values (ERV), the group said it had completed transactions that will generate £1.5m of annual contracted rent, 3.5% ahead of 31 March 2022 ERVs.

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