WAREHOUSE REIT PLC (LON:WHR)

Real Estate

Warehouse REIT Plc is a UK-based close-ended real estate investment trust with focus on investments in the diversified portfolio of warehouse assets located in UK.  The group is engaged in owning and managing warehouses located in the urban areas in UK and provides the space to its tenants to help them in growing their businesses with the motive to become the UK’s leading warehouse provider. The group seeks to understand the tenants and their needs through its network and relationships to create economic and social value for stakeholders. The group looks for the sites close to major transportation links with a high demand and workforce and ensures that the buildings match the current and future needs of occupiers. It budgets to spend 0.75% of its GAV on capital expenditure every year with the target return of minimum 10% and vacancy level of 5-7%, further it funds the business equity, debt, and disposal proceeds that the group generate.

Tilstone Partners Limited is the investment advisor for Warehouse REIT Plc that identifies assets to acquire, Review and approve transaction, monitors, and manage investments, create value through asset management and Recycle capital. The group’s portfolio comprises of 34% in Southern England, 30% in Midlands, 23% in Northern England and 13% in rest of the UK, further its  freehold and long leasehold warehouse assets includes Brackmills Northampton, Queenslie Industrial Estate in Glasgow, Gander Lane in Chesterfield, Unit 7100, Gloucester, Midpoint 18 in Middlewich, Exeter Way in Theale, Meridian business park in Leicester, Daneshill Industrial Estate, Basingstoke, Air Cargo in Glasgow and Tramway Industrial Estate in Banbury.

The demand for the space comes from the diverse business but the growth in e-commerce sector which are the main tenant as they need warehouses to fulfill online orders and other types of businesses such as manufacturers need warehouses for e-commerce which allow them to sell directly to end customers. The groups subsidiaries include Tilstone Holding Limited and Tilstone Warehouse Holdco Limited and also have seven indirectly owned subsidiaries, like Tilstone Trade limited, Tilstone industrial limited, Tilstone retail limited, Tilstone Glasgow limited, Tilstone Industrial Warehouse Limited, Tilstone Glasgow Limited and Tilstone Basingstoke Limited.

Contact Information

company address 33 Cavendish Square W1G 0PW United Kingdom

company phone+44.20.31029465

company websitehttp://www.warehousereit.co.uk/

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