Achilles requisitions Urban Logistics REIT over internalisation proposal
The activist investor, alongside Waverton, TR Property IT and Harwood, are calling for board changes and a strategic review
Urban Logistics Reit
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Abrdn Property Income Trust reiterates Custodian REIT merger recommendation
Follows further incentives from Custodian REIT on 13 March
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Custodian REIT board offers further deal incentives ahead of proposed API merger
Comes one week before its consultation with shareholders
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Abrdn Property Income postpones general meeting in wake of rival takeover bid
Shareholder meeting to discuss Custodian’s offer for the trust delayed to 20 March
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Urban Logistics Reit tables rival bid for API
Custodian had proposed an all-share merger with API in January
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Aviva Investors supplies £57m sustainable transition loan to Urban Logistics Reit
Trust has committed to reducing carbon emissions on 10 logistics properties