Urban Logistics Reit (SHED)

Sector:

Property Investment Trusts

Index:

FTSE 250

159.00p
   
  • Change Today:
    -0.80p
  • 52 Week High: 163.40
  • 52 Week Low: 99.00
  • Currency: UK Pounds
  • Shares Issued: 465.09m
  • Volume: 1,362,103
  • Market Cap: £739.49m

Urban Logistics REIT confirms takeover approach from LondonMetric

By Michele Maatouk

Date: Friday 11 Apr 2025

LONDON (ShareCast) - (Sharecast News) - Urban Logistics REIT confirmed on Friday that it has received a preliminary, indicative takeover proposal from LondonMetric.
"The board is currently reviewing the proposal with its advisers," it said in a brief statement, adding that there can be no certainty that any offer will be made nor as to the terms of any such offer.

Urban Logistics said a further announcement will be made as appropriate.

Under UK takeover rules, LondonMetric has until 9 May to either announce a firm intention to make an offer or walk away.

At 1255 BST, Urban Logistics shares were up 3.2% at 127.40p, while LondonMetric was 0.6% higher at 180.10p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

SHED Market Data

Currency UK Pounds
Share Price 159.00p
Change Today -0.80p
% Change -0.50 %
52 Week High 163.40
52 Week Low 99.00
Volume 1,362,103
Shares Issued 465.09m
Market Cap £739.49m

SHED Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.00% above the market average50.00% above the market average50.00% above the market average50.00% above the market average50.00% above the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Price Trend
83.41% above the market average83.41% above the market average83.41% above the market average83.41% above the market average83.41% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
14.52% above the market average14.52% above the market average14.52% above the market average14.52% above the market average14.52% above the market average
65.22% below the sector average65.22% below the sector average65.22% below the sector average65.22% below the sector average65.22% below the sector average
Growth
78.35% above the market average78.35% above the market average78.35% above the market average78.35% above the market average78.35% above the market average
85.19% above the sector average85.19% above the sector average85.19% above the sector average85.19% above the sector average85.19% above the sector average

What The Brokers Say

Strong Buy 1
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SHED Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 05-Jun-25 21-Nov-24
Paid 20-Jun-25 13-Dec-24
Amount 4.35p 3.25p

Trades for 02-Jun-2025

Time Volume / Share Price
14:34 1,742 @ 159.09p
14:34 1,073 @ 159.00p
14:34 1,000 @ 159.00p
14:34 2,200 @ 159.00p
14:34 2,532 @ 159.20p

SHED Key Personnel

CEO Richard Moffitt

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