URB was established in October 2016 and listed in April 2017. URB is an investment company and will aim to maximise total Shareholder returns through a combination of capital and income growth through a Portfolio that will be highly correlated to urban renewal.
Provide Access – Created to offer shareholders a direct way to gain access to exclusive deals by co-investing alongside Soul Pattinson.
Growing Area – Urban renewal and regeneration is an area of the market that is growing significantly. We have already been investing in this thematic and want to bring others on this journey also.
Active Management – Contact will be opportunistic and actively manage the portfolio’s asset allocation between listed equities and direct property. URB will also benefit by engaging with Soul Pattinson’s specialist property team to enhance our competitive advantage.
Adding Value – We capture and add value through capital growth and income from an actively managed portfolio of unlisted property and listed equities. We seek to buy assets that are undervalued, offer a quality and sustainable income stream or are close to value uplift as possible. Exit opportunities will be captured if we deem that is the best way to add value for shareholders.