23rd Sep 2026 07:19
(Sharecast News) - Tritax Big Box REIT said it had reached practical completion of a 1m sq ft logistics facility at Symmetry Park, Kettering, with the pre‑let to Amazon now commencing.
The company said the asset was let on a 20‑year lease, featuring five‑yearly index‑linked rent reviews to provide long‑term inflation‑linked income.
Tritax added that the scheme delivers a yield on cost at the top end of its 6-8% guidance, ahead of initial expectations, and secures £9.8m of annual rental income.
Reporting by Frank Prenesti for Sharecast.com