Tritax reports solid profit growth in 2023

1st Mar 2024 07:25

(Sharecast News) - Tritax Big Box, the logistics-focused real estate group currently undergoing a potential £900m all-share merger with UK Commercial Property Reit (UKCM), delivered a small increase full-year profits as a result of higher rental income and lower costs.

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London close: Stocks finish higher after very quiet Monday

12th Feb 2024 17:11

(Sharecast News) - London markets managed modest gains by the close of a subdued trading session on Monday, with no significant corporate or economic catalysts driving movements.

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Tritax Big Box makes £924m bid for UKCP

12th Feb 2024 07:10

(Sharecast News) - Tritax Big Box said it had agreed terms on a possible bid for UK Commercial Property REIT in an all-share deal worth £924m.

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Tritax Big box flags solid year as demand recovers

29th Jan 2024 07:22

(Sharecast News) - Tritax Big Box reported a resilient occupational market in a full-year update on Monday, recovering to pre-Covid levels, along with a stabilisation in investment yields.

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Tritax Big Box sells six assets for £327m

28th Nov 2023 08:10

(Sharecast News) - Tritax Big Box said in an update on Tuesday that it has successfully sold six assets, achieving a total consideration of £327m.

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Tritax Big Box sells logistics building to Howden Joinery

3rd Aug 2023 08:09

(Sharecast News) - Tritax Big Box REIT announced the sale of an investment asset let to Howdens.

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J.P.Morgan bullish on outlook for UK property stocks

20th Jul 2023 15:45

(Sharecast News) - Analysts at J.P.Morgan sounded a 'bullish' note on the outlook for UK property stocks.

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Berenberg upgrades Tritax Big Box on valuation

30th Mar 2023 08:30

(Sharecast News) - Berenberg upgraded Tritax Big Box on Thursday to 'buy' from 'hold' on valuation grounds.

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Tritax agrees to sell three assets in £125m deal

2nd Mar 2023 09:27

(Sharecast News) - Tritax Big Box Reit said on Thursday that it will sell three properties in a £125m deal, as it posted an uptick in annual operating profits.

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Berenberg lowers target price on Tritax Big Box

2nd Feb 2023 09:46

(Sharecast News) - Analysts at Berenberg lowered their target price on real estate investment trust Tritax Big Box from 190.0p to 170.0p on Thursday, stating repricing was now underway.

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RBC Capital Markets reiterates 'outperform' rating on Tritax Big Box

30th Jan 2023 15:41

(Sharecast News) - RBC Capital Markets reiterated its 'outperform' rating and 195.0p target price on Tritax Big Box on Monday following the group's recent trading update.

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Tritax Big Box hails 'excellent' full-year performance, sees signs of stabilisation

25th Jan 2023 09:07

(Sharecast News) - Tritax Big Box sounded an upbeat note on its full financial year performance, despite the "challenging" macroeconomic backdrop.

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Tritax Big Box profits rise on strong rental growth

4th Aug 2022 08:10

(Sharecast News) - Logistical warehouse specialist Tritax Big Box said interim operating profit rose 5.6% driven by development completions and like-for-like rental growth.

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Tritax Big Box leases 1.0m square feet at Symmetry Park Rugby development

13th Jun 2022 07:01

(Sharecast News) - Real estate investment trust Tritax Big Box has leased one million square feet across four buildings at its Symmetry Park Rugby development site to an unnamed storage and information management services group.

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Tritax Big Box makes 'positive start' to 2022

4th May 2022 07:55

(Sharecast News) - Real estate investment trust Tritax Big Box said on Wednesday that it had made a "positive start to the year" amid continued development and asset management progress.

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