20 February 2018
Warehouse REIT plc
(the 'Company' or 'Warehouse REIT')
Dividend details and Interim Accounts
Warehouse REIT plc on 30 January 2018 declared an interim dividend of 1.0 pence per ordinary share in respect of the period since the Company's Admission to trading on the London Stock Exchange on 20 September 2017 to 31 December 2017. The 1.0 pence per share dividend payment will be made on 9 March 2018 to shareholders who were on the register as at 9 February 2018.
0.78 pence of this dividend will be paid as a Property Income Distribution ("PID") and 0.22 pence will be paid as non-PID.
In addition and in accordance with section 838 of the Companies Act 2006, Interim Accounts of the Company covering the period 1 August 2017 to 31 December 2017 have been prepared to support the payment of an interim dividend to the Ordinary shareholders of the Company on 9 March 2018.
The Interim Accounts of the Company have been filed with Companies House and are also available upon request from the Company Secretary.
Enquiries:
Warehouse REIT plc via FTI Consulting
Tilstone Partners Limited | 44 (0) 1244 470 090 |
G10 Capital Limited (part of the Lawson Conner Group), acting as AIFM | 44 (0) 20 3696 1302 |
Peel Hunt (Financial Adviser, Nominated Adviser and Broker) | 44 (0)20 7418 8900 |
FTI Consulting (Financial PR & IR Adviser to the Company) | 44 (0) 20 3727 1000 |
Further information on Warehouse REIT is available on its website:
http://www.warehousereitplc.co.uk
Notes to editors:
Warehouse REIT announced the results of its IPO on 15 September, having raised gross proceeds of £150 million (£146.8 million net) to invest in a diversified portfolio of UK warehouse assets located in urban areas.
Occupier demand for urban warehouse space is increasing as the structural growth in e-commerce has driven the rise in internet shopping and investment by retailers in the "last mile" delivery sector. The urban warehouse sector offers one of, if not the highest, initial yield of all UK property sectors.
The Company is an alternative investment fund ("AIF") for the purposes of the AIFM Directive and as such is required to have an investment manager who is duly authorised to undertake the role of an alternative investment fund manager. The Investment Manager is currently G10 Capital Limited, whose role will pass to Tilstone Partners Limited ("TPL"), on receipt of FCA approval.
This information is provided by RNS