Urban Logistics Reit Share Discussion Threads

[spectoacc] 20/1/2025 12:43

Don't think I've ever seen so many ratings changes from a single broker in one go.

For anyone not wanting RSI from their scroll finger, price target cut from 136p to 124p. Might be interesting to read the rationale, but as per usual, brokers follow the price, as much as the other way round.

[mister md] 17/1/2025 15:52

Well, got my third & final top-up at 100.8p the other day.
Release the brakes now, please ;-)

[giltedge1] 15/1/2025 12:47

Nice recovery, still slightly below my entry point, long term hold was tempted to add but already have large holding bought euro shares JEGI investment trust & SRE property instead to diversify from GBP.

[nickrl] 12/1/2025 23:01

Reeves needs to save her own backside and instruct Clown Bailey to stop QT hes been selling them at a loss for months and its just getting worse and accelerating the decline. So much for BoE managing stability.

[skinny] 12/1/2025 13:08

For info :-

[essentialinvestor] 12/1/2025 11:26

Are we building up to a UK emergency budget?.

This can no longer be ruled out.

Interesting times, eh.

[giltedge1] 12/1/2025 11:00

Yes 5.3% was for 30 year gilts, 4.8% 10 year gilts. Like the company but now looking at Sirius to diversify own business parks in Germany 7% yield. Income in Euro & Germany better record in containing inflation & Govt debt.

[skyship] 09/1/2025 13:57

giltedge - with yr moniker I wouldn't expect you to get gilt yields wrong! 5.3%!!!

No - high enough for sure; but actually now at 4.87%

[jitters3] 09/1/2025 10:32

And me same price

[mister md] 09/1/2025 09:52

2nd top-up at 98 point something. One to go, and then it's another loooong-term holding ;-)

[adam] 09/1/2025 08:49

You’re forgetting the unfunded public sector debt. You can add a couple of trillion for that.

[giltedge1] 09/1/2025 08:38

Correction to my post Govt debt nearer 3 Trillion not 2.5 Trillion. About Shed very strong tenants mainly ecommerce fulfillment logistics. Seems good value at 8% yield, low vacancies. Board unfortunately completed buyback too early now would have been better. Suspect short selling depressing share price. Looking to add soon.

[adam] 09/1/2025 08:11

Public sector workers is an oxymoron

Thousands of civil servants to strike ‘indefinitely’ over back-to-office demand

..The PCS union – which represents almost 200,000 civil servants across Whitehall – has argued that asking workers to come into the office is unreasonable.

……There has been a renewed push for a four-day week, with union members at the Department for Environment, Food and Rural Affairs arguing that a shorter week “will improve the support we provide to our farmers” and save taxpayers £21.4m a year...

[panshanger1] 09/1/2025 07:14

1970s revisited All ended up at the the IMF then

[spectoacc] 09/1/2025 06:53

Fair point - socialists doing economics.

("A socialist who understands economics is no longer a socialist").

Going a bit OT but inflation is clearly going above target, and since Labour instantly folded, largely without condition, on previous wage demands, why shouldn't all public sector workers demand the same inflationary increases next time?

[giltedge1] 08/1/2025 22:15

Rachel Reeves doing her best to depress property shares, 10 gilt yields now 5.3%. SHED seems cheap but with an ex admin worker in charge of our 2.5 Trillion debt pile, anything is possible. Will hold off adding until trend is clear.

[spectoacc] 08/1/2025 16:33

#988/#997, there's my sub-£1, and.... I've not bought.

In this market, fear it's going lower first. Also loaded up averaging elsewhere.

Opportunity Cost.

Hey IC, how'd that double tip last issue go?

Hey SHED, how was the buy back? £7m spent at over £1.08/share.

Good luck holders. SHED surely strong value at under a quid, it's effectively zero capital return since listing, yet they've made huge progress in that time.

[lefrene] 08/1/2025 10:40

Mister MD, indeed there appears to be value all over the place, but this is the UK, are you buying a bargain ticket on the Titanic?

The current DEI government seems to think that taking on yet more ballast, whilst cutting the crews wages, is a good business move!

SHED imo is a well run good business model, it's the UK that's not a well run business model. The 'priesthood' has taken over, and history tells us that things collapse when priesthoods get all the power.

[mister md] 08/1/2025 10:07

Started to build a position here - seems undervalued with a decent dividend yield and a potential takeover target ? Then again there are so many 'bargain' stocks around on this unloved UK market right now ...

[essentialinvestor] 03/1/2025 13:21

BBOX may be interesting, however where are the H2 disposals..

[lefrene] 03/1/2025 12:40

As High St retailers get squeezed and increasingly throw in the towel, no doubt helped by a sharp rise in business rates as the covid subsidy expires, then with a deserted High St, one might expect more shopping to go on-line?

If so, then the demand for edge of town distribution sites, could well increase.

Reeves attack on the poorest of the working poor, imo will hit the High St hard. The imposition of NI on wages above £5000 will see many £9,100 pa part-time jobs, slashed to £5k. The 50% rise in bus fares will see another £500 pa taken from the poorest. It's the poor who are always in need of things, taking half their income away is going to hit shops hard. If the High St becomes a desert, SHED would seem likely to benefit?

We seem to have a ringside seat to the skill of a DEI government!

[markth] 03/1/2025 12:38

Bought modest slabs of SUPR and SHED yesterday. Dabbled with CREI but decided against. Spent my special divvy from API windup to balance my portfolio again.

[spoole5] 03/1/2025 12:14

Had an initial nibble this morning, currently hold SUPR and THRL. REITs looking excellent value, any other suggestions much appreciated