ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

WHR Warehouse Reit Plc

85.90
1.10 (1.30%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Warehouse Reit Plc LSE:WHR London Ordinary Share GB00BD2NCM38 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  1.10 1.30% 85.90 1,515,950 16:35:25
Bid Price Offer Price High Price Low Price Open Price
85.90 86.40 86.30 84.90 84.90
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 51.19M -182.86M -0.4304 -2.00 360.28M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:37:02 O 2,917 85.90 GBX

Warehouse Reit (WHR) Latest News

Warehouse Reit (WHR) Discussions and Chat

Warehouse Reit Forums and Chat

Date Time Title Posts
25/7/202414:53Warehouse Reit788

Add a New Thread

Warehouse Reit (WHR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:37:0285.902,9172,505.70O
2024-07-26 15:36:2585.902,9172,505.70O
2024-07-26 15:35:2585.90100,93986,706.60UT
2024-07-26 15:28:4086.055,0004,302.40O
2024-07-26 15:28:3686.0013,00011,180.00O

Warehouse Reit (WHR) Top Chat Posts

Top Posts
Posted at 26/7/2024 09:20 by Warehouse Reit Daily Update
Warehouse Reit Plc is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker WHR. The last closing price for Warehouse Reit was 84.80p.
Warehouse Reit currently has 424,861,650 shares in issue. The market capitalisation of Warehouse Reit is £366,230,742.
Warehouse Reit has a price to earnings ratio (PE ratio) of -2.00.
This morning WHR shares opened at 84.90p
Posted at 25/6/2024 18:30 by wshak
Hi HugePants,WHR have deliberately called them Retail Warehouses to cause investors to think precisely as you just have.They don't want people to doubt that they have switched strategy.Those companies who might have been interested in a genuinely pure shed company may now look elsewhere in terms of takeover target.It's the worst kind of defensive move.Make the company an unfocused hotch potch of property assets and acquisitive companies who might take you out may leave you alone and look elsewhere.
Posted at 25/6/2024 18:12 by makinbuks
A bit more on the subject from City Wire

"Warehouse Reit (WHR) has made a sideways move into retail parks as it looks to grow earnings and bring its dividend cover up to scratch.

The £342m investor in multi-let warehousing has expanded its portfolio with the addition of the second phase of a retail park in Tamworth, Staffordshire for £38.6m. Tenants of the acquisition, which yields 7.4%, include Boots, H&M and Sports Direct across 13 units.

Tilstone Partner’s Simon Hope, who manages the real estate investment trust (Reit), said the purchase of a retail park – the first departure from warehouses – was a ‘natural extension for us’.

He said retail units were just ‘steel sheds’ but the fundamental difference between retail parks and industrial warehouses ‘is that the customer comes to us’."
Posted at 25/6/2024 18:09 by wshak
I agree.The asset looks decent but I can buy that kind of asset at bigger discounts elsewhere through the listed market.There was a good opening question by a gent on the conference call today who doubted that WHR are showing sufficient focus on the type of asset they are now buying.Clearly, I wouldn't expect WHR to borrow money to buy back shares as they would this asset. However, they can still do a meaningful buyback, which would be earnings enhancing.The switch in strategy is not on.
Posted at 25/4/2024 12:10 by spectoacc
@Makinbuks - that was my thought too, particularly when shown in dramatic %'s.

WHR have a debt problem, one they'll be able to sort out but it won't be getting cheaper like they'd hoped.
Posted at 25/4/2024 07:31 by igoe104
Fantastic numbers, share price should be much higher..
Posted at 07/3/2024 17:25 by apollocreed1
Anyone think that this could possibly be a takeover target by Segro? Or might they prefer EBOX?
Is the debt higher on WHR or on EBOX?
Posted at 12/2/2024 21:25 by bathcoup
disposal of two assets above the September 2023 book value (no IRR's given):
Posted at 27/11/2023 08:40 by skyship
The Board of Warehouse REIT announces that on 24 November 2023 Tilstone Partners Limited (the "Investment Advisor") acquired 592,038 ordinary shares in the share capital of the Company at a weighted average price of 83.7 pence per share for a total cost of GBP500,000.57.

Following the purchase, the Investment Advisor and its directors have an interest of 27.77 million ordinary shares, representing 6.5% of the Company's issued share capital.

Simon Hope, Managing Director of Tilstone Partners Limited said: "This purchase demonstrates our commitment to and confidence in the quality of Warehouse REIT's assets. Given the attractive return prospects we see in the business and with shares trading significantly below replacement value we see this as a very compelling investment proposition."
Posted at 31/8/2023 16:38 by afpk53
Well, at least the dividend's holding up at 1.6p for the 1st quarter - a decent return at the current share price. Good to see some interest today.
Posted at 07/6/2023 11:20 by cc2014
If I may. The challenge here is that the share price has fallen from 160p to 97p and yet a number of us still sit here going "it's not for me"

We also sit here and look at discount to NAV. That tells me that whatever some DCF cash flow model tells us the NAV should be the city boys and girls don't think it's a suitable way to assess the value of the company and they think the value is far lower.

For me the biggest issue is that WHR like most of the REITs and renewable funds has been using short term super cheap borrowing set against long term investments. This has juiced up their returns until interest rates started rising but now doesn't look so clever. My view is that whilst it seems likely interest rates will fall back a bit in due course (but not as much as the city think) this is going to provide little help as I see rents coming under pressure and going negative.

I just can't see a compelling case. When a trust is being forced to sell it's assets to keep it's borrowing under control that's not great. And when several of them starting doing it all at the same time it's hard to see them getting great prices.
Warehouse Reit share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock