Following the successful completion of amendments to its management arrangements earlier this year, Urban Logistics REIT plc has engaged IQ-EQ to provide a comprehensive suite of regulatory and compliance services in the UK.
Urban Logistics REIT plc invests in strategically located, single-let logistics properties across the UK. The company first listed on AIM in 2016, later moving to the premium segment of the Main Market of the London Stock Exchange in 2021.
In April 2023, the company’s board published a circular setting out recommended proposals for amendments to its management arrangements, among which was a proposed change in alternative investment fund manager (AIFM) to G10 Capital Limited, an FCA-authorised subsidiary of IQ-EQ.
Following shareholder approval, IQ-EQ’s UK Regulatory and Compliance Solutions team (via G10 Capital Limited) is providing AIFM services to Urban Logistics, as well as PRIIPs KID and AIFMD regulatory reporting services. In addition, our team is providing Appointed Representative services to the company’s new investment adviser, Logistics Asset Management LLP.
Leading the deal for IQ-EQ was Joe Woodbury, Executive Director, Funds. He commented:
“We are delighted to have been appointed as AIFM by Urban Logistics REIT plc. Not only is this an excellent mandate for our UK Regulatory & Compliance Solutions team, it reaffirms the strength of our real estate practice and our position as the market leader for providing regulatory and investor services to the UK real estate sector.”