Urban Logistics was established in April 2016 and listed on the AIM market of the London Stock Exchange as Pacific Industrial & Logistics.
We focus on a specialist sub-sector of the UK real estate market, investing in urban logistics properties that enable businesses to operate modern distribution networks capable of responding to the challenges created by e-commerce and evolving infrastructure demands. This Company is the only listed business giving investors a “pure play” exposure to urban logistics assets. With our focus on urban logistics, and most of our warehouses situated near to town and city centres, our tenants are mostly involved in the supply chain for getting household goods to end users.
We are building a portfolio of high quality assets, with income and capital growth capabilities, through a diverse base of tenants operating in a variety of sectors. Acquisitions are added to the portfolio through a mix of equity and conservative levels of debt, targeting Net Initial Yields of 6.0% to 7.5% with affordable underlying rents in the region of £4.50 to £5.50 per sq.ft.. We actively manage our acquired assets, enabling us to deliver attractive returns to shareholders.