Brookfield wins battle for Tritax as Segro declines to up bid
12th Nov 2024 07:02
(Sharecast News) - Canadian asset manager Brookfield has won the battle for warehouse owner Tritax EuroBox after Segro said it would not up its offer, but the rival bidders did strike a deal to split their target's portfolio in a €470m deal.
Read moreLondon close: Stocks red as US inflation, jobless claims top forecasts
10th Oct 2024 14:58
(Sharecast News) - London's stock markets ended Thursday in negative territory as investors weighed a higher-than-expected inflation and jobless claims readings out of the United States.
Read moreTritax EuroBox accepts Brookfield £557m offer as Segro trumped
10th Oct 2024 07:05
(Sharecast News) - Canadian investment firm Brookfield has trumped Segro's effort to buy warehouse owner Tritax EuroBox with an agreed £557m offer.
Read moreLondon close: FTSE slips as US job openings miss forecasts
4th Sep 2024 15:00
(Sharecast News) - London stock markets ended Wednesday flat to lower as investors processed fresh economic signals from the US, particularly a lower-than-expected job openings report.
Read moreSegro to buy Tritax for £1.1bn including debt
4th Sep 2024 07:19
(Sharecast News) - Segro said on Wednesday that it has agreed to buy rival Tritax EuroBox in a deal with an implied enterprise value of around £1.1bn including debt.
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 Eurobox says Brookfield offer deadline extended; in talks with other parties
2nd Jul 2024 15:23
(Sharecast News) - Tritax Eurobox rallied on Tuesday after it said the deadline for Brookfield Asset Management to make an offer for the company has been extended, and that it had received other expressions of interest from a number of parties.
Read moreBrookfield Asset Management considering offer for Tritax Eurobox
4th Jun 2024 08:24
(Sharecast News) - Tritax Eurobox gained on Tuesday after Brookfield Asset Management said it was in the early stages of assessing a possible cash offer for the company.
Read moreTritax EuroBox annualised rent shrinks after disposals
16th May 2024 08:54
(Sharecast News) - Logistics-focussed property investor Tritax EuroBox reported a 10.1% increase in IFRS rental income to €35.9m (£30.8m) on Thursday, driven by rent indexations, asset management initiatives, and the conversion of rental guarantees into income.
Read moreTritax EuroBox regears leases on Belgian asset
15th May 2024 07:37
(Sharecast News) - European logistics real estate company Tritax EuroBox said it had agreed a lease re-gear, a new lease and associated solar PV Power Purchase Agreement (PPA) at Logistics Park Bornem, Belgium.
Read moreTritax EuroBox offloads Gothenburg asset as disposals continue
14th May 2024 07:50
(Sharecast News) - Logistics real estate investor Tritax EuroBox is to sell a Gothenburg warehouse for SEK385m (£28m) as the company continues to dispose of assets to reduce leverage.
Read moreLondon close: Stocks fall as US inflation tops expectations
13th Feb 2024 16:21
(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.
Read moreLondon close: Stocks fall as US inflation tops expectations
13th Feb 2024 16:21
(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.
Read moreTritax EuroBox portfolio valuation stabilises in H2
5th Dec 2023 09:03
(Sharecast News) - Property business Tritax EuroBox said its portfolio valuation remained "stable" over the second half of the trading year, with "good momentum" in its disposal programme expected to reduce leverage further.
Read moreTritax Eurobox secures new leases in Italy, Germany
14th Aug 2023 07:01
(Sharecast News) - Tritax EuroBox said it had agreed two new leases in Italy and Germany, securing €1.3m in rent.
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