Urban Logistics REIT to Be Acquired by LondonMetric in a $925 Million Deal
Deal News | May 09, 2025 | Zawya
British property landlord LondonMetric has announced an agreement to acquire Urban Logistics REIT, a UK-based property investment firm, in a deal valued at £698.9 million, equivalent to approximately $925 million. This acquisition aligns with LondonMetric's strategic objectives to enhance its property portfolio with assets that offer stable income and growth potential. The deal speaks to the broader trend in the UK property market, where consolidation is frequently pursued to achieve scale and operational efficiencies.
Sectors
- Real Estate Investment Trusts (REITs)
- Property and Real Estate
Geography
- United Kingdom – Both LondonMetric and Urban Logistics REIT operate within the UK property market, and the transaction takes place within this geographical context.
Industry
- Real Estate Investment Trusts (REITs) – The article revolves around the acquisition of Urban Logistics, a company classified as a REIT, by LondonMetric.
- Property and Real Estate – The transaction involves a substantial property company acquisition, which influences the broader UK real estate market.
Financials
- 925 million USD – Total deal value for the acquisition of Urban Logistics REIT by LondonMetric.
- 698.9 million GBP – The valuation of Urban Logistics REIT in GBP for the acquisition deal.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Urban Logistics REIT | Target | Company | A UK-based property investment firm focused on the logistics property market. |
| LondonMetric | Acquirer | Company | A leading UK property company, specializing in real estate investments across a variety of sectors. |