Active asset management drives strong portfolio performance in H1FY20 for Urban Logistics REIT Plc

  • Nov 14, 2019 GMT
  • Team Kalkine
  • Alternative Investment Market-traded the UK’s specialist logistics REIT group- Urban Logistics REIT Plc, posted a 31.3% surge in Net Rental Income for the first half of FY20. With EPRA earnings per share surging by 25% on a YoY basis.
  • During the first half under review, the Group acquired eight logistics properties and the total asset size for these acquired properties stood at £2m. Also, it disposed assets worth £18.4m, at an average profit on cost of 57.4%.
  • The group’s dividend declared for the H1FY20 zoomed 25% on YoY basis to 3.75p/share from 3.0p/share declared a year-ago period.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK