Urban Logistics Reit finishes £92m growth capital raise

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By Aidan Gregory
15 Oct 2020

Urban Logistics Reit, the London-listed real estate investment trust, has finished the final leg of a £92m share sale, tapping into heightened investor demand for exposure to niche areas of the real estate market during the pandemic.

Both the retail and institutional offer have now concluded. Around £2.5m of stock was raised through the institutional offer, while retail investors subscribed for £0.6m, in addition to the £89.2m that Urban Logistics Reit raised via an accelerated placing at the end of September.

At the ...

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