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Share Name Share Symbol Market Type Share ISIN Share Description
Urban Logistics Reit Plc LSE:SHED London Ordinary Share GB00BYV8MN78 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 177.00 175.50 178.50 - 0.00 07:32:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 24.2 47.6 21.7 8.1 575

Urban Logistics Reit Share Discussion Threads

Showing 351 to 373 of 425 messages
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
DateSubjectAuthorDiscuss
10/6/2021
08:35
I suppose given the size of the purchases last year to get the NAV increase the pre 2020 portfolio actually increased in value by c.30% and then the new assets clearly were a drag - doubling the size of SHED in 12 months. At the moment the price is almost @ nav if you factor in the dividend payment we are about to receive. So with WHR on a 12% premium and BBOX on an 18% premium there are grounds for the price here being on a higher premium... however balancing that against the stated aim to raise more capital - which I hope can be done at a small premium to NAV given the weight of demand of capital in this sector. It should be a relatively safe home for some lower risk capital.
nimbo1
09/6/2021
08:12
Reads quite well, this is a long term for me as well. GLA
charlie9038
09/6/2021
07:27
Nav not as high as I hoped but it doesn’t really matter as a poster pointed out above the cost drag of the new purchases and recent timing etc will have been a drag. The sector continues to move forward so now fully invested with another 10-15 percent return capital wise happening post period end / this year means it is set well as a long term income play for me.
nimbo1
08/6/2021
17:17
I hold both but Sheds single unit policy should be easier to manage.However geographical spread is hard to measure.Whatever they are both in the right place
jbarcroftr
08/6/2021
12:29
Same here - I've preferred SHED over WHR because knowing the management at WHR preferred SHED's more focussed approach with asset management and track record of value creation... but WHR has outperformed it by quite some margin on a 12 month basis (So I was wrong so far!) and now sits on a 10%+ NAV premium... I'd like also like to see shed sets traded.
nimbo1
08/6/2021
12:06
Looking forward to tomorrow’s results I am expecting a good increase on asset values and perhaps a change to quarterly dividends
jbarcroftr
27/5/2021
11:18
Click on Financials on the top row and scroll down to Dividends.
jonwig
27/5/2021
11:16
When is the divi & how much as not on HL site.
charlie9038
25/5/2021
18:35
Don't forget a fair slug of money was only invested relatively recently.Can't see the valuers compressing yields by 20% on stuff purchased in January this year for example,although I'd love them to prove me wrong. Also I would expect another fundraising soonish if the price spikes to 160p and that always seems to cost us private shareholders an awful lot in terms of cash drag,2.5% fees to Panmure on the money raised,stamp duty etc etc. On the plus side there is also a sizeable divi coming our way soon
maiken
25/5/2021
18:05
Nav here was 140 at interims. So 20 percent on that would be 168. Add a 2-3 percent premium because the rent gets paid and you are at 172. Top end of my hopeful expectations by June end....unless I’ve got something fundamentally wrong about the setup
nimbo1
25/5/2021
17:47
About time!
charlie9038
25/5/2021
17:43
Should be some decent upside here over the coming weeks.
igoe104
25/5/2021
07:14
Great results from WHR. NAV here could be up 15-20% imo.
nimbo1
25/5/2021
07:13
WHR had a nice jump up in NAV, Should be good news for SHED results in a few weeks time.
killing_time
24/5/2021
20:37
These are not preforming like bbox or WHR. Maybe its the name, or that they don't pay quarterly dividends like the other two.
igoe104
21/5/2021
09:39
Really hope due to extra size (and therefore in theory cashflow stability) they shift to a defined quarterly dividend model. I.e 3 QR's at a set % of prior year and then a Q4 true up/down.
dhoult12
21/5/2021
07:41
Should help with the SP
charlie9038
21/5/2021
07:16
Results out on Wednesday 9th June.
killing_time
07/4/2021
16:55
Thanks I am really hoping for a 10-15% rise here going into results...
nimbo1
07/4/2021
07:04
GBP22m of Acquisitions and Rent Collection Update. Urban Logistics, (AIM: SHED) the specialist UK logistics REIT, announces the acquisition of two assets for a total consideration of GBP21.7 million at a 6.14% NIY. Richard Moffitt, Chief Executive, commented: "We are delighted to announce the acquisition of these high-quality assets in Warrington and Edinburgh which are well positioned to deliver essential goods that "last mile" to customers and businesses in two important local markets. In line with our strategic focus of value enhancement, both assets offer asset management opportunities in the short to medium term given the low passing rents." The Acquisitions Warrington On 6 April 2021, the Company acquired a well-specified and recently refurbished 110,859 sq ft distribution unit for GBP8.5 million at a 6.05% NIY. It is let to Mark Thompson Transport, part of Kinaxia Logistics, for a term of 10 years through to 2030. The rent is GBP4.94 per sq ft and there is an open market rent review in 2025. This asset is close to the arterial M6/M56 interchange. Edinburgh The Company has exchanged contracts on an asset in Milton Link, Edinburgh. The 7-acre site comprises a 75,478 sq ft warehouse, which trades as 'The Range', and a 'drive-through' of 1,845 sq ft let to Costa Coffee. The asset is to be purchased for GBP13.2 million at a 6.2% NIY and is located 5km east of Edinburgh city centre. The rent for the warehouse is GBP10.51 per sq ft and is let through to 2033 with 5 yearly rent reviews. The 'drive-through' rent is GBP40.65 per sq ft and the building is let through to 2034. This asset has reversionary long-term income and asset management potential. Rent Collection Update The Company has received 99% of rent due for the quarter to June. The remaining 1% is expected to be collected imminently. M1 Agency Fees The Company has incurred, on an arm's length and commercial basis, property agency fees from M1 Agency LLP of GBP85,000 for the Warrington acquisition. M1 Agency LLP is a partnership in which Richard Moffitt is a designated member. In accordance with Rule 16 of the AIM Rules, fees payable in respect of the acquisition have been aggregated with all fees paid to M1 Agency LLP since 1 March, being the date of the Company's last related party disclosure and associated fairness opinion, in respect of M1 Agency LLP. These aggregated fees total GBP511,000 and are considered a related party transaction for the purposes of the AIM Rules. The independent Directors, having consulted with N+1 Singer Advisory LLP, consider the terms of the related party transaction fair and reasonable insofar as the Company's shareholders are concerned. - Ends -
skinny
03/4/2021
10:59
Thanks Trek
petewy
02/4/2021
09:08
This article and the report it refers to might be of interest to some on this board. Further evidence, at least for me, that this is a worthwhile share and sector to be invested in. [...]
trekker60
26/3/2021
08:27
30m...It’s a lot more than 1% of nav :)!
nimbo1
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
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