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Share Name | Share Symbol | Market | Stock Type |
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Urban Logistics Reit Plc | SHED | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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128.60 | 128.20 | 132.40 | 131.40 | 128.40 |
Industry Sector |
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REAL ESTATE INVESTMENT & SERVICES |
Top Posts |
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Posted at 08/3/2025 09:49 by igoe104 Can only see alot of these Reits being picked off one by one. This sector will certainly be getting alot more interest from funds and private investors over the coming months... |
Posted at 03/1/2025 10:56 by orinocor That's a great write up in the Investors Chronicle. Shed are a real bargain at 103p. |
Posted at 18/12/2024 09:18 by jpatara3 I was tempted to withdraw from U.K. stocks and invest in gilts 4.75% until 2038. So many investors are doing the same, hence depressed share prices. At the same time there are so many bargains on the U.K. stock market. We are almost pricing in a doomsday scenario. One thing to be mindful off, if the US markets correct, these bargain shares will also fall further. If you have done your research and have confidence in management team then buy as it dips - as I have been doing on a number of shares. |
Posted at 09/6/2024 13:14 by chucko1 Suddenly withdrawing liquidity from an owned security is amongst the most damaging things one could do from the perspective of risk. They would cover this off by saying that you can still sell the security, but as we can see, the penalty for this one-way liquidity is a 5% or so drop from the get-go. I am assuming a high degree of cause and effect here, but I would largely stand by it.They would also point to the greater good - protecting a larger number of unsophisticated investors from potential harm. However, the simple solution is one of self-declaration, thereby avoiding all of this n nonsense. And so easy to do. Specto is entirely on the button by saying that it for US to make risk decisions, and NOT HL. After all, their own credentials in this regard are - and I use a mild word - underwhelming. There are harsher words which are possibly more descriptive and even accurate, and are improved by adding the odd adverb. |
Posted at 08/6/2024 08:21 by igoe104 I wouldn't let them dictate what I can't buy, id switch to AJ Bell or Interactive investor. |
Posted at 07/6/2024 06:41 by spectoacc Pathetic, they've done this to a couple of mine - how on earth did the rules come to this? HL happily ramped customers into Woodford, yet they want to stop purchases in SHED because they've not been given an assessment as to whether SHED are "...Achieving good outcomes and delivering value for investors"?Guess what HL - I can make that decision for myself, it's why I have a self-select ISA. |
Posted at 06/6/2024 17:56 by stevesham Interestingly HL have restricted me buying more, anyone else had the sameAuthorised fund managers are required to provide an annual fair price and value assessment for each of their investment funds. We need assurance that this assessment has been completed to ensure the investments we offer are achieving good outcomes and delivering value for investors. We collect this from third-party providers. The assessment for Urban Logistics REIT plc Ordinary 1p has not been made available to us from the third-party provider for the required period and so we’re removing the option to buy any more of the investment until it’s been received. What this means for you This means you can continue to hold it and sell at any time, but you’re currently unable to buy any more of the investment through us. If, however, you have an existing income reinvestment or regular saving instruction into the investment, it will currently continue. What happens next We’re continuing to actively monitor this and will look to reopen the investment for investors to buy, if appropriate, when this information is made available to us. We’ll provide an update on the purchase status of your investment as soon as we can, but can’t guarantee at this stage when this will be. |
Posted at 11/4/2024 09:27 by essentialinvestor Just looking at this for a possible buy.Could the recent Segro capital raise be a factor in the SHED price weakness..more capacity to come on market..?. Or because of the aborted merger with API, investors have concluded SHED will now remain a relatively small Trust, while some others continue to grow. The above may be too rudimentary a view. |
Posted at 21/3/2024 16:57 by giltedge1 Smaller property stocks left behind today, LAND, BLAND up 3 -4 %, guess institutional buying, retail investors on side lines still. SHED liked by IC & Mail, so will be recommended soon. |
Posted at 28/6/2023 05:11 by scruff1 COMMERCIAL PROPERTY27 JUN, 2023 Urban Logistics swings to a loss but pricing 'equilibrium' in sight The last-mile warehouse investor has been hit by the selloff in commercial property but says investors are being tempted back by repriced assets. Michelle McGagh BY MICHELLE MCGAGH Urban Logistics (SHED) swung to a full-year loss as the warehouse investor counted the cost of the commercial property selloff but says a pricing ‘equilibrium The £556m real estate investment trust (Reit), led by chief executive Richard Moffitt, reported a 31 March net asset value (NAV) of 162.44p, which represents a 14% decline for the full year and an 11% drop over the six-month period since 30 September, when the disastrous mini-Budget caused a gilt meltdown and a sharp repricing in property markets. The fall was, unsurprisingly, driven by a 9.8% decline in valuation over the year. The Reit fell to a pre-tax loss of £82.7m from a profit of £171.8m the year before. As is the story with most commercial property trusts, while valuations took a hit, rental income was buoyant, with estimated rental value growing by 9.5% over the year. Rents increased most in the ‘active management’ part of the portfolio, up 10.9%, where tenant covenants were improved and leases lengthened. Moffitt, whose management contract has been extended to 2027 on the approval of shareholders, said this helped ‘protect against the impact of negative yield shift’ in the portfolio. ‘By holding firm to the strategy first set out in 2016, we aim to mitigate the worst effects of the economic downturn,’ he said. High demand Despite the valuation write-down, Moffitt said the portfolio of last-mile, single-let logistics assets is ‘in high demand given the undersupply of assets of this type, driven by long-term structural shifts in our economy and a chronic lack of supply’. ‘This supports the occupational market and allows us to offset yield erosion with rising rental rates, captured in 42 lease events over the year, generating £6.1m in additional rental income,’ he said. Property investors had hoped for a swift uptick in price after the selloff but Moffitt said the ‘macroeconomic and geopolitical picture for 2023 and beyond continues to evolve’. ‘Given the repricing of real estate assets and land values in 2022, we believe the equilibrium level where buyers and vendors will trade has been found more quickly than witnessed in previous cycles. ‘Investors are already returning to the market, attracted by re-based higher yields, rental value growth and the long-term drivers of the logistics sector.’ Moffitt said e-commerce, which powers much of the logistics sector, remains a ‘fundamental and growing part of the economy’ and therefore provides a ‘sound footing to our business model of last-touch, mid-sized logistics assets, let to financially resilient tenants’. Low vacancy rates also provide confidence to investors wanting to buy properties and although the cost-of-living crisis is burdening the consumer, and higher labour costs and business rates are weighing on companies, Moffitt said the logistics sector remains ‘attractive ‘We continue to take pride in what we have achieved in what has been a challenging 12 months,’ he said. ‘We have renewed leases with existing tenants, built warehouses for new tenants, and welcomed new team members and shareholders to the company. We see significant opportunity and value within the portfolio and look to the future with a mix of caution, ambition and excitement.’ Leasing success Numis analyst Andrew Rees said the Reit has a ‘strong track record of leasing success’ that the trust should be ‘well placed to capture over the next 12 months’. ‘This runway for top line rental growth, combined with relatively low cost of debt, should help further improve dividend cover towards 100%,’ he said. ‘In the current environment transaction activity will be focused on the “active management” portion of the portfolio, and we would therefore not be surprised to see further disposals of “core” assets in addition to the £15m since year-end.’ Shares in the trust have been weak recently and are trading at a 27% discount to NAV, which Rees said is ‘not reflective of the attractive occupational demand story, notwithstanding the scope for further yield driven valuation weakness as interest rates look set to be raised further’. |
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