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Urban Logistics REIT plc ( (GB:SHED) ) has provided an update.
Urban Logistics REIT plc has received a requisition for a general meeting from Achilles Investment Company Limited, proposing changes to the board of directors. The current board recommends voting against these changes and plans to present shareholders with comprehensive information on the company’s potential and governance strategies. The board is also working on finalizing an internalization proposal based on shareholder feedback, aiming to enhance shareholder value.
More about Urban Logistics REIT plc
Urban Logistics REIT plc operates in the real estate investment trust industry, focusing on logistics properties. The company specializes in acquiring and managing logistics warehouses, catering to the growing demand for efficient supply chain solutions.
YTD Price Performance: 25.98%
Average Trading Volume: 2,468,188
Technical Sentiment Signal: Sell
Current Market Cap: £600M
For detailed information about SHED stock, go to TipRanks’ Stock Analysis page.