IN BRIEF: Urban Logistics REIT buys two properties for GBP15.1 million - NewsBreak

Urban Logistics REIT PLC - UK industrial properties investor - Acquires two properties for total of GBP15.1 million at a 6.0% net initial yield. The assets include one income producing asset providing immediate additional revenue, and a forward funding development project. Ads that GBP50 million of further investments are in advanced stages of contractual progress and are expected to be completed in the near term at a 6.2% NIY.