Tritax Big Box outbids Blackstone with £485m offer for Warehouse REIT
25th Jun 2025 07:13
(Sharecast News) - Distribution centre investor Tritax Big Box REIT (BBOX) has reached an agreement to take over smaller peer Warehouse REIT for £485m, outbidding an earlier proposal by Blackstone.
Read moreTritax Big Box secures £550m in new bank loans
23rd Jun 2025 07:32
(Sharecast News) - Distribution centres investor Tritax Big Box REIT has secured a £550m in new ban loans, refinancing older credit facilities to support the "ongoing delivery of our strategic objectives".
Read moreTritax Big Box reports strong occupational demand
7th May 2025 11:48
(Sharecast News) - Tritax Big Box REIT said on Wednesday that its bespoke logistics and data centre developments were continuing to offer superior risk-adjusted returns, with strong occupational demand and a significant opportunity to more than double rental income in the medium term.
Read moreTritax Big Box disposes of 'non-strategic' assets
16th Apr 2025 10:54
(Sharecast News) - Real estate investment trust Tritax Big Box said on Wednesday that it has now disposed of half of the roughly £475.0m worth of "non-strategic assets" acquired following its merger with UK Commercial Property REIT in FY24.
Read moreLondon close: FTSE rises on hopes for UK-US trade deal
28th Feb 2025 16:08
(Sharecast News) - London stocks ended mixed on Friday as optimism over a potential UK-US trade deal helped to boost the top-flight index.
Read moreTritax Big Box flags strong 2024 performance
31st Jan 2025 07:24
(Sharecast News) - Tritax Big Box reported a strong 2024 operational performance in an update on Friday, having secured £22.7m in additional contracted rent, including one of the UK's largest pre-lets of the year - a one million square foot facility leased to a global e-commerce company.
Read moreTritax Big Box acquires Heathrow data centre development site
21st Jan 2025 07:23
(Sharecast News) - Tritax Big Box announced the £70m acquisition of a 74-acre site within the Slough Availability Zone at Heathrow on Tuesday, to develop a major data centre project with a total potential capacity of 147 megawatts.
Read moreTritax Big Box H1 profits grow, hikes interim dividend
7th Aug 2024 09:02
(Sharecast News) - Real estate investment trust Tritax Big Box said on Wednesday that profits had grown in the six months ended 30 June, leading to a slight year-on-year hike in the group's interim dividend.
Read moreLondon close: Stocks fall on EU inflation, US jobs data
2nd Jul 2024 17:24
(Sharecast News) - London stocks closed lower on Tuesday as investors digested eurozone inflation data and a modest increase in US job openings.
Read moreTritax 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.
Read moreLondon 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.
Read moreTritax 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.
Read moreTritax 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.
Read moreTritax 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.
Read moreTritax 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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