Urban Logistics REIT has agreed a 15-year lease with the storage and logistics firm
The last-mile REIT has also paid £4.2m for a shed in Lincoln
The REIT has committed £140m of the £250m it raised in December
Borrowing costs on £40m line will reduce if REIT meets sustainability criteria
The REIT has committed £68m of the £250m raised in December
REIT’s recent £250m equity raise highlighted “significant investor demand for shares”
The REIT bought the property from Orchard Street on behalf of St James’s Place Wealth Management
REIT doubles size of its portfolio in eight months
Company raises some £90m for acquisition pipeline
The REIT said the money raised will be used to acquire 59 buildings
Trio of off-market deals revealed
Its acquisitions include a portfolio of seven regional distribution warehouses