LondonMetric boosts bid for UK's Urban Logistics REIT to $887.7 million

Urban Logistics Reit

14/04/2025 15:40

April 14 (Reuters) - Britain-based property investment company Urban Logistics REIT SHED.L on Monday said it on April 13 received a updated enhanced proposal from British landlord LondonMetric LMPL.L which values the company at 674 million pounds ($887.73 million)

($1 = 0.7592 pounds)

 (Reporting by DhanushVignesh Babu in Bengaluru; Editing by Tasim Zahid)

 ((DhanushVignesh.Babu@thomsonreuters.com;))