LondonMetric Property Plc Considers Generous Cash And Share Proposition For The Acquisition Of Urban Logistics REIT Plc

On April 11, 2025, LondonMetric Property Plc revealed its intention to acquire Urban Logistics REIT Plc. This ambitious proposition involves acquiring the entire issued and to be issued share capital of Urban Logistics, in a non-binding, indicative cash and share transaction. The proposed coalescence stands to create a titanic presence in the industrial real estate landscape.

LondonMetric, with bated breath, anticipates the response from the board of Urban Logistics. Upon the approval of the proposed acquisition, shareholders of Urban Logistics are anticipated to enjoy numerous benefits. This includes exposure to a larger, more diverse portfolio, greater income characteristics, better access to financing, and an efficient cost structure among others.

According to the rules of the City Code on Takeovers and Mergers, LondonMetric has until 5pm on May 9, 2025, to declare its firm intention. At this point, LondonMetric will either confirm their intention to make an offer or retract it altogether. In any case, the anticipation for LondonMetric’s decision is high, stirring the industrial real estate industry with a whirlwind of exciting speculation.