Portfolio information | Urban Logistics

THE GROUP HAS RAISED OVER £570 MILLION OF EQUITY CAPITAL SINCE ITS IPO;

Our portfolio is diverse and of exceptionally high quality, with our tenants distributing goods the ‘last mile’ to businesses and customers.

AS AT 31 March 2023 THE COMPANY’S PORTFOLIO FEATURES:

· Valuation of £ 1,107 million

· Weighted average unexpired lease term of 8.2 years

Our tenants manufacture and distribute essential goods the ‘last mile’ of the supply chain to homes and businesses. This is a vital part of the supply chain and demand for such properties vastly exceeds supply.

Although our assets are spread throughout the UK, we have a Midlands and South East bias as these are the areas with the strongest take-up of logistics space and are seeing strong rental growth.

We pride ourselves on a close and collaborative relationship with our tenants, founded on regular dialogue and a detailed understanding of their business.

Our business benefits from strong tenant covenants of which 89% are rated as low / low-moderate risk:

Single-let assets
High-quality tenants
Essential goods
No 'fast fashion' retail

Our Properties allow tenants to manufacture and distribute essential goods the ‘last mile’ of the supply chain to homes and businesses. This is a vital part of the supply chain and demand for such properties vastly exceeds demand.

Although our assets are spread throughout the UK, we have a Midlands and South East bias as these are the areas with the strongest take-up of logistics space and are seeing strong rental growth.