Warehouse Reit (WHR)

Sector:

Property Investment Trusts

Index:

FTSE Small Cap

100.60p
   
  • Change Today:
      1.30p
  • 52 Week High: 109.00
  • 52 Week Low: 75.00
  • Currency: UK Pounds
  • Shares Issued: 424.86m
  • Volume: 2,524,726
  • Market Cap: £427.41m
  • RiskGrade: 92
  • Beta: 0.00

Warehouse REIT acquires two sites in Harlow

By Iain Gilbert

Date: Friday 05 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Real estate investment trust Warehouse REIT has acquired two adjacent distribution warehouses in Harlow.
Warehouse REIT said on Friday that the two sites, located in the established Templefields industrial area, total 177,000 square feet and were snapped up for £13.9m including costs, reflecting a net initial yield of 8.6%.

The AIM-listed group highlighted that the warehouses generate £1.2m of contracted rent per year, which equates to a low passing rent of £6.72 per square foot and offers "significant potential" for rental growth.

Separately, Warehouse REIT announced a placing of up to 37.93m new ordinary shares at 121.0p each as part of an effort to finance the acquisition.

As of 0855 GMT, Warehouse REIT shares were down 1.97% at 123.52p.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Warehouse Reit Market Data

Currency UK Pounds
Share Price 100.60p
Change Today 1.30p
% Change 1.31 %
52 Week High 109.00
52 Week Low 75.00
Volume 2,524,726
Shares Issued 424.86m
Market Cap £427.41m
Beta 0.00
RiskGrade 92

Warehouse Reit Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
59.15% above the market average59.15% above the market average59.15% above the market average59.15% above the market average59.15% above the market average
78.57% above the sector average78.57% above the sector average78.57% above the sector average78.57% above the sector average78.57% above the sector average
Income Not Available
Growth Not Available

What The Brokers Say

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

Warehouse Reit Dividends

  Latest Previous
  3rd Interim 2nd Interim
Ex-Div 13-Mar-25 28-Nov-24
Paid 11-Apr-25 27-Dec-24
Amount 1.60p 1.60p

Trades for 30-May-2025

Time Volume / Share Price
16:38 30,270 @ 100.60p
16:35 740 @ 100.60p
16:35 18,840 @ 100.60p
16:35 630,994 @ 100.60p
16:35 944 @ 100.60p

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