Urban Logistics REIT announces Heather Hancock to its Board as Independent Director

– UK, London –  Urban Logistics REIT PLC (LON: SHED), the specialist UK logistics REIT, today announced the appointment of Heather Hancock to its Board as an Independent Non-Executive Director, effective from 15 June.

 “It’s great to welcome someone of Heather’s calibre to the board. Her expertise in strategy, governance and leadership will complement the Board’s existing skills as the Company continues to grow.” said Board Chairman, Nigel Rich.

About Heather Hancock

Heather is currently Chairman of the Food Standards Agency and in October will step down from this role to become Master of St. John’s College, Cambridge. After receiving a first-class degree in Land Economy at the University of Cambridge, she joined the Government Economic Service and held a series of senior national, regional and local government positions. Whilst Executive Director of Yorkshire Forward between 2000-2003, she led the disposal of the English Partnerships regional portfolio; the joint-venture site acquisition for the development of Sheffield’s Advanced Manufacturing Park; and oversaw an urban acquisition strategy, building a £350m property portfolio.

In 2003, Heather became a Partner in Deloitte’s Strategy Consulting business and was appointed a Managing Partner from 2008, until her retirement in 2014. She led the firm’s extensive global services to the Olympic movement and was part of its global leadership team between 2011-2013. Heather’s executive responsibilities in the firm included innovation, brand, communications, client service and talent.

Heather is a Director of a family-owned property investment and development business, Amerdale Limited, and a non-executive Director of Rural Solutions Limited, which provides strategy, planning and design services for land-based businesses. She is also a Trustee of the Chatsworth Settlement Trust, responsible for an extensive commercial, residential and agricultural property portfolio and she provides consultancy advice on business strategy to private landowners across the UK.

Heather served as a trustee for the Prince’s Trust for more than a decade, for which she was awarded the LVO in 2013. She is also a Deputy Lieutenant of North Yorkshire.

About Urban Logistics REIT

Urban Logistics REIT plc is a property investment company, quoted on the AIM market of the London Stock Exchange, (LON: SHED).

The Company has been established to invest in UK-based logistics properties with the objective of generating attractive dividends and capital returns for its shareholders. Its investment strategy focuses on strategically located smaller single let properties servicing high-quality tenants. Investment returns will be generated by an experienced management team focusing on quality stock selection and active asset management.

A number of structural and commercial factors currently support the attractive opportunity in the last mile/regional industrial and logistics real estate sub-sectors targeted by the Company, including strong occupier demand, (driven by the growth of e-commerce and investment by retailers in their associated supply chain) and a decline in the supply of smaller sized lettable space in industrial and logistics real estate across the UK.

For more information: https://www.urbanlogisticsreit.com

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