Tritax purchases new strategic distribution site
22nd Sep 2015 08:28
(ShareCast News) - Tritax Big Box REIT has bought a new regional distribution facility, and pre-let it out to TK Maxx. The FTSE250 listed real estate investment trust bought the site at the junction of the M62 and A1 directly off the J33 roundabout for £59m. The new distribution facility is expecte
Read moreTritax acquires warehouse to be let to Howden Joinery Group
7th Sep 2015 08:40
(ShareCast News) - Real investment trust Tritax Big Box REIT said it has reached an agreement to acquire the land that will host a new distribution warehouse for kitchen and joinery supplier Howden Joinery Group. The £67m deal will see the FTSE 250 group acquire the land and redevelop the existing f
Read moreTritax Big Box posts jump in interim operating profit
21st Aug 2015 07:42
(ShareCast News) - Tritax Big Box posted a big jump in first-half operating profit as the value of its real estate investment trust surged. Operating profit came in at £73.8m from £8.21m in the first half of 2014 as the real estate investment trust's portfolio valuation rose 203% to £1.1bn. Contrac
Read moreTritax to raise £54m in final tranche of issuance programme
18th Jun 2015 08:39
Real estate investment trust Tritax Big Box said it expects to raise £54m by issuing 47,787,607 new ordinary shares at 113p each. The FTSE 250 group said the placing comprises the final tranche of its share issuance programme, which has raised approximately £339m since November. In a statement rele
Read moreTritax to raise £125m in placing, invests £43m in developing Dunelm's facility
8th Jun 2015 08:50
Real estate investment trust Tritax Big Box unveiled plans to raise up to £125m by placing shares at 113p each. The FTSE 250 group said the placing will represent the final tranche of its share issuance programme, which is valid until 7 July. Tritax said it will combine the remaining 86.1m shares s
Read moreFriday broker round-up UPDATE
8th Aug 2014 10:19
African Minerals: Canaccord Genuity cuts target price from 170p to 150p, while keeping its buy recommendation. AMEC: Credit Suisse reduces target price from 1250p to 1150p retaining a neutral rating. Nomura reduces target price from 1450p to 1250p staying with its buy recommendation. UBS cuts targe
Read moreMonday broker round-up UPDATE
13th Jan 2014 09:04
Admiral Group: Citi ups target price from 1220p to 1256p and reiterates a neutral rating. Afren: Nomura increases target price from 170p to 210p and stays with its neutral rating. Alternative Networks: Westhouse Securities increases target price from 445p to 540p reiterating its add rating. Amlin
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