The logistics park has five units with an average passing rent of £2.49 per sq ft. The top retailers today already recognize the benefits of urban logistics centers, which include closer proximity to dense, well-to-do customers, both from a direct-to-consumer and store replenishment perspective, but they can also reduce supply chain costs when utilized correctly. Ideally, the best locations for industrial buildings would be near to where online shoppers live and work. Logistics players are reexamining all aspects of their distribution networks to keep pace. Oxford Properties signs up for 15-acre urban logistics scheme. Urban Logistics REIT is currently working on a development project in Exeter, which is situated in a prime urban logistics location. It is envisaged that DHL will sign a 15-year lease with five-yearly upward only rent reviews. Urban Logistics splashes £56m on UK sheds. SHED : Urban Logistics secures three properties and a loan, Your email address will not be published. Urban Logistics â multistory warehouses What distribution centers can learn from high-end offices Smart city logistics is the future of urban infill supply chain View project . 31 December 2019, Next statement date 7 January 2022 It will create a prime urban logistics park with the potential to own further warehouses developed on the remaining adjacent land. In a bid to find innovative solutions to this conundrum, Property Week and Savills asked six architects to design an ultra-urban logistics hub and residential hybrid for a 2.5-acre site in London. price. The forward funding represents a discounted entry point at a 5.3% net initial yield in a location known for its constrained supply of logistics facilities. AJ Bell Youinvest is an easy to use, award-winning platform Open an account. due by 21 January 2022, for URBAN LOGISTICS K PROPERTIES LIMITED (04628391), 68209 - Other letting and operating of own or leased real estate, Companies House does not verify the accuracy of the information filed, 03 Jan 2003 - Search form Submit search query. Toggle menu Toggle search form. It […], Urban Logistics REIT has acquired a logistics site in the Wirral for £16.3m and announced rent collection for the first quarter of 2021 was 99%. TAGS: News. Chancerygate is an industrial property and warehousing specialist focused on bringing high-quality schemes to the market in strategic locations throughout the UK to meet the demands of the growing urban logistics market. On 6 August 2020, the company bought a high-quality modern 75,059 sq ft warehouse for £7.3m from M&G Real Estate at 5.6% net initial yield. The money will be used to buy more assets. The deal came to £2.1 million and Urban Logistics plans to spend a further £4.6 ⦠On 10 July 2020, Urban Logistics bought Interchange Park, on the A12 / A120 in Essex, for £9.8m. Åódź serves as a strong location in central Poland providing regional and Pan-European connectivity. Ideally located Class A distribution warehouse. due by The UKâs largest industrial property and urban logistics developer. The company has exchanged contracts with Wilson Bowden Developments, conditional on receipt of planning permission, for the funding of five urban logistics units in Nottingham and Leicester. Our Locations A Vital Part of Your Success . 6 sites across 43 acres. Search form Submit search query. Due to data protection policies, USA residents can not access our data. Urban Logistics has established a high quality portfolio of assets, creating scale through its active asset management programme and upward momentum in rents and capital value. There were, however, some property sectors and companies that performed well during the […], Urban Logistics buys three assets – Urban Logistics has bought three logistics assets in Huntingdon, Northampton and Fareham. At completion the development will be pre-let to Amazon and is an expansion to the tenant’s existing parcel distribution facility. The JV will be seeded with a $220-million portfolio comprising 18 urban logistics assets in prime locations in the UK. View recent trades and share price information for Urban Logistics REIT plc and other shares. Back to map. Your email address will not be published. On 10 July 2020, Urban Logistics bought Interchange Park, on the A12 / A120 in Essex, for £9.8m. The latest Urban Logistics REIT plc share price (SHED). Finding the holy grail of urban logistics under increasingly high customer expectations is a major challenge. Required fields are marked *, Urban Logistics REIT has forward funded on a speculative basis the development of five assets in the East Midlands for £23m. View any properties that contain the word(s) "{0}" Residential; People / Offices; Services; Buy; Rent price. This website is for information purposes only and is not intended to encourage the reader to deal in the security or securities mentioned. Tenant: Carlton Forest Group LLP: Sq. IN BRIEF: Urban Logistics Buys Three Properties For GBP23 Million. If the latter, that could have wider implications for parts of the market that have been dominated by local authority purchasers.] The group has exchanged contracts with developer […], Urban Logistics REIT (SHED) has announced the acquisition of six logistics assets for a total consideration of £27.8 million at a net initial yield of 6.87%. As e-commerce ⦠Åódź Urban Logistics is a brand new, Class A distribution warehouse within the city of Åódź, Poland. Country Specialist: Asia Pacific ex Japan. There was no set budget and the brief was kept deliberately simple â designs just needed to be flexible, creative and forward thinking. AJ Bell Contact us and help Charges and rates Log out Log in. 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. The group has […], Forced closures, withheld rent and suspended dividends, the real estate sector had a tumultuous 2020. Colchester. Urban Logistics has bought six last-mile logistics assets for £27.8m, reflecting a 6.9% net initial yield. Property Highlights. The US export has quickly become one of the biggest shopping days in the UK. These included a sale-and-leaseback portfolio of four properties in Macclesfield, Telford, Royal Wootton Bassett and Yate from Kinaxia Logistics for £17.3m, with a 6.2% net initial yield. The Kinaxia portfolio totalled 167,350 sq ft. We are aiming to be Europe's largest provider of last mile logistics facilities, supporting our customersâ growth, from small local businesses to large international enterprises. The assets are currently wholly owned by Kennedy Wilson. Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor. The company has also acquired an adjoining site, also of 6 acres, which is conditionally pre-let to DHL and will be its local parcel sorting centre with a low site cover and dual service yards. UK-based Urban Logistics REIT plc has acquired seven warehouse properties (Crown Portfolio) for a total consideration of £47.2 million, at a net initial yield (âNIYâ) of 7.0%. In recent history, industrial developers and occupiers have favored big, horizontal facilities located in suburban and exurban areas, as they are cheaper to build and rent. People; Offices; Future Gazing. Regional logistics. [that’s interesting – we wonder if it became logistically difficult – if you’ll pardon the pun – to get the partner on board or whether the local authority was cash constrained as a consequence of dealing with COVID. The cost has been funded by the companyâs recent round of fundraising. Urban Logistics secures three properties and a loan – Urban Logistics has made three purchases for a total of £36.8m and secured a new £151m loan facility. Next accounts made up to 31 December 2020 This new facility provides a three-year term and includes an option to extend for a further two-years. The logistics park has five units with an average passing rent of £2.49 per sq ft. But with shops […]. Charges for URBAN LOGISTICS K PROPERTIES LIMITED (04628391) More for URBAN LOGISTICS K PROPERTIES LIMITED (04628391) Registered office address 124 Sloane Street, London, England, SW1X 9BW . On 7 August 2020, the company entered into a new £151m loan facility with Barclays, Santander and Lloyds, to replace the existing loan facility totalling £76m, which was due to expire in 2022. It serves as a regional distribution hub and is prominently located close to the M1 motorway. Home; The Lab Home; future gazing; details; Urban logistics: Focus on Greater London. Investors Toggle submenu. The site benefits from a new road junction and infrastructure improvements which include a 10,000-unit housing development nearby. Was founded on January 3, 2003 with identification number 04628391 based on ENGLAND, LONDON, 124 SLOANE STREET, SW1X 9BW. The total cost was £22.9m which was funded from the company’s recent […], It is that time of year again – Black Friday. Global real estate investment company Kennedy Wilson and Singaporeâs sovereign wealth fund GIC have formed a joint venture to invest in urban logistics properties in the UK. Properties; Investment Policy. Åódź, Poland. Our development activity over the last 12 months . Wed, 16th Dec 2020 14:41. It owns smaller properties, used by firms to deliver goods direct to homes and businesses. Urban logistics. Urban Logistics REIT PLC - London-based logistics-focused real estate investment trust - ⦠Big cities have always demanded equally big logistics networks to service inhabitants and visitors and this is not likely to change by 2040. The latest fund information for Urban Logistics REIT Plc Ord 1P, including fund prices, fund performance, ratings, analysis, asset allocation, ratios & fund manager information. David Thame | Oct 02, 2020. Seven distribution sites, with average warehouse size of 84,105 sq ft, are located in Aberdeen, Huntingdon, Blackpool, Ipswich, Newmarket, Plymouth and Rotherham. Created 30 April 2019 Delivered 7 May 2019 ⦠30 September 2021, Last accounts made up to Property investor Urban Logistics REIT PLC has made three acquisitions totalling £22.9 million in Huntingdon, Fareham and Northampton. Urban Logistics REIT offers a 5.4% yield & so much more. Company status Active Company type Private limited Company Incorporated on 3 ⦠Talk To Us . This opportunity came about as a result of the developer losing a Local Authority funding partner due to Covid-19. Our services. The unit is let to Health Stores, a distributor of natural and organic produce, at £5.85 per sq ft through to 2026 and has an outstanding upward only rent review. Oxford Properties, one of the giants of North American property investment has taken the plunge into UK logistics development signing up for a 15-acre urban logistics scheme near Heathrow. Aberdeen Standard European Logistics Income has a big focus on urban logistics property for this reason and recently acquired a property ⦠The European wager echoes one Blackstone has made in the US, where it struck a record $18.7bn deal to buy a swath of urban warehouses portfolio owned by Singaporeâs GLP. They says that local logistics rents are now achieving pricing levels of £7.00 per sq ft. Commencing later this year, the existing units will undergo an extensive £2.0 million refurbishment to create a modern, prime distribution centre serving the south east. Essential goods. Urban Logistics will fund the project to a total cost of £8.5m with practical completion of the development expected in October 2020. URBAN LOGISTICS K PROPERTIES LIMITED UK company. Urban Logistics is pumping £23m of forward funding into two development sites. Urban Logistics is rather different. The acquisition includes an additional 7 acres of land to the north east of Interchange Park which, subject to planning, will be allocated to the development of a further three units. The company has a high weighting in industrial property, which includes logistics distribution. Using our Model to zoom in on London specifically helps identify the most favourable locations currently, as well the opportunity to look at potential alternative scenarios and planning applications. Urban Logistics acquires UK industrial properties for £15.4m. Rotherham 125, South Yorkshire . What Makes Investment Companies Different? The joint venture will be seeded with a $220 million portfolio comprising 18 urban logistics assets in prime locations in the UK. Our properties, within close proximity to Europeâs major cities, shorten the last mile, allowing faster delivery of goods and services. People for URBAN LOGISTICS K PROPERTIES LIMITED (04628391) Charges for URBAN LOGISTICS K PROPERTIES LIMITED (04628391) More for URBAN LOGISTICS K PROPERTIES LIMITED (04628391) Filter charges Filter charges Outstanding / part satisfied 5 charges registered 0 outstanding, 5 satisfied, 0 part satisfied Charge code 0462 8391 0005. The acquisitions […], A host of rent collection figures for the first quarter of 2021 have been announced by property companies and, once again, it is the logistics-focused companies leading the way. The JV will also seek additional last-mile urban distribution center investment opportunities, targeting total assets of ⦠We are all familiar with the crisis faced by high street retailers but the other side of the coin is the need for new logistical infrastructure to support the rise of online shopping. Our Services. Urban Logistics secures three properties and a loan â Urban Logistics has made three purchases for a total of £36.8m and secured a new £151m loan facility.