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Scheme document published for the £711.9 million recommended cash and share acquisition of Urban Logistics by LondonMetric Property

May 2025

 

Urban Logistics REIT plc is a specialist UK logistics investment company focused on urban and last-mile warehouse assets. The company has built a high-quality portfolio of strategically located logistics properties that support supply chains and consumer delivery infrastructure across the UK.

LondonMetric Property plc is a main market listed company, that owns and manages a £3.7 billion portfolio of predominantly logistics and long-income assets across the UK. With a focus on delivering reliable, progressive income growth through active asset management and development, the company has established a strong track record of shareholder value creation in the logistics real estate space.

On 9th May, the boards of directors of LondonMetric and Urban Logistics were pleased to announce that they had reached agreement on the terms of a recommended cash and share offer pursuant to which LondonMetric will acquire the entire issued and to be issued ordinary share capital of Urban Logistics.

 

Publication of the Scheme Document

The Perivan shareholder communications team was delighted to work with Gowling WLG who acted as Legal Adviser to Urban Logistics on the scheme and associated documents, which were successfully published and posted to qualifying shareholders on 23rd May 2025.

For more information, click here.

 

Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader for the production of documentation relating to Mergers & Acquisitions.