Warehouse Reit Share Discussion Threads

[chucko1] 03/11/2020 11:22

I will eat all the hats at Lock's of St. James (with the profits) should this stock double within a year. This is utility real estate, not a flying car stock.

[fuji99] 03/11/2020 09:32

IMO this stock will progress in a "silent rising mode" for a while until it gets noticed by PI's. So the earlier one accumulates, the better it will be. One can at least double his/her money from here in a maximum of 1 year.

[igoe104] 03/11/2020 09:19

Nav £118.4, yield near 5.7%. These are definitely worth adding too.

[chucko1] 03/11/2020 08:33

"Hard times" - yes, but WHR are already seen as a mild winner from the situation, so I am not sure there are going to be riches here. However, as a solid income producer at 5.68% yield, yes, bring it on. I have quite a few.

[fuji99] 03/11/2020 08:25

IMO if they are doing so well during hard times, what will be their performance when the economy will prosper ? I will keep adding for the long term. This is a decent stock in a decent sector in great demand as most industries do not want to build too many warehouses, preferring to rent.

[ec2] 03/11/2020 07:41

Pleasing Interims today. 97.1% rent collection through to 30 Sept. They are certainly well positioned in the very much in demand area of the property market. This level of good performance looks likely to continue.

[fuji99] 02/11/2020 16:38

Very interesting stock and sector. Just bought today.

[freeservice3] 29/10/2020 19:35

Today's drop seems excessive compared to others in this sector. Great yield at 5.8%. One to hold long term I think.

[chucko1] 29/10/2020 15:38

It seems the ever-present seller at 110 has become incontinent. That can happen with an 1100 point 2 day fall on the DOW - now only 900 points, but the dam had already burst.

[skinny] 21/10/2020 07:04

Warehouse REIT plc, the AIM listed specialist warehouse investor, will announce its half year results for the six months ended 30 September 2020 on Tuesday 3 November 2020.

There will be a webcast and conference call for analysts and investors at 09.00am on the day of the results. Please contact FTI Consulting for further details or to register interest.

[makinbuks] 12/10/2020 10:43

Here's what BBOX said in todays results announcement about their disposals recently:

Our strategy is based on actively and directly managing our portfolio to drive value for shareholders. As part of this, we are taking advantage of strong investment demand for logistics real estate, selling assets where we have completed our asset management initiatives and maximised value for shareholders. This enables us to reinvest the proceeds into higher returning opportunities within our portfolio or by acquiring property in the market where we can add significant value through asset management initiatives.



During the quarter we exchanged on the sale of four assets achieving:

· A total consideration of £134 million, in line with our target of £125-175 million per annum.

· An average levered IRR in excess of 12.5% per annum (net of corporate costs).

· A blended sale NIY of 5.0% compared to aggregated purchase NIY of 6.6%.

So they are certainly of the view they came off best in this deal

[energeticbacker] 09/10/2020 10:40

What are the growth opportunities for warehouse and logistics companies? Investor’s Champion has taken a look at a number of companies including Warehouse. #CLG #LMP #SGRO #BBOX

[makinbuks] 08/9/2020 09:15

Yes, as I read it the yield from the BBOX transaction is 3.2% while the Chester one is c. 7.5%. The Wincanton deal looks to have much more potential with 3.5 years only to run and £5psf running rate below current market. Plus its in a prime location alonside other assets. The BBOX one is a puzzle

[sleepy] 04/9/2020 12:48

Did they buy it on a sub 5% yield?

[nimbo1] 04/9/2020 09:23

not enjoying the purchase from big box - known as overpaying in the industry for almost everything they buy (because they can always win as just get more institutional money). Then WHR swoop in and pay them a full price for the asset - I know its a a great market etc just thought whr wouldn't be buying big boxes off bbox!

[skinny] 03/9/2020 07:12

.

Warehouse REIT, the AIM-listed company that invests in e-commerce urban and last-mile industrial warehouse assets in the UK, announces that it has completed the acquisition of two single-let warehouse assets located in the East Midlands and Cheshire, occupied by Amazon and Wincanton respectively. The assets have been purchased in two separate transactions for a total consideration of GBP82 million, reflecting a blended net initial yield of 5.4% and provide a combined WAULT of 9 years. These latest additions to the Company's portfolio follow its successful equity raise that completed last month, delivering equity of circa GBP153 million and over GBP200 million of investment firepower.

more.....

[skinny] 19/8/2020 10:14

Nice and steady.


free stock charts from uk.advfn.com

[nimbo1] 08/8/2020 11:14

yes it will be back at 120p v soon I think. 6% yield and some growth at nav way more attractive than some of the renewable plays imo.

[chucko1] 07/8/2020 16:21

WHR popping in sympathy with the other Boxes.

[nimbo1] 07/8/2020 15:23

Some decent moves across the sector - decent secure income, makes sense.

I would have thought e-box looks undervalued here - 13% discount to NAV

[ramellous] 31/7/2020 11:41

And as if by magic.. lol

[igoe104] 31/7/2020 10:58

Surprised these aren't moving up like bbox after Amazon expansion plans ?

[skinny] 30/7/2020 12:26

As if by magic :- .

"The announcement released on 30 July 2020 at 7:00am included an incorrect payment date for the first interim dividend. The first interim dividend will be paid on 2 October 2020".

The corrected announcement is set out below."

Correction: Dividend Declaration

The Company has declared its first interim dividend in respect of the first quarter of the financial year ending 31 March 2021 of 1.55 pence per ordinary share, payable on 2 October 2020 to shareholders on the register on 28 August 2020. The ex-dividend date will be 27 August 2020.

The dividend of 1.55 pence per ordinary share will be paid in full as a Property Income Distribution.

[cwa1] 30/7/2020 10:52

Indeed, it is strange. A mistake I would guess?