Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTritax Big Box Share News (BBOX)

Share Price Information for Tritax Big Box (BBOX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 192.10
Bid: 191.50
Ask: 191.70
Change: 1.90 (1.00%)
Spread: 0.20 (0.10%)
Open: 190.50
High: 192.30
Low: 190.00
Yest. Close: 190.20
BBOX Live PriceLast checked at -
Tritax Big Box REIT is an Investment Trust

To deliver income and capital returns to shareholders through investment in Big Box assets in the UK.

Find out More

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Tritax Big Box disposes of three assets

Tue, 22nd Sep 2020 09:01

(Sharecast News) - Real estate investment trust Tritax Big Box disposed of three assets on Tuesday for a total consideration of £77.0m.
Tritax said that an ongoing evaluation of its portfolio led it to believe that the Baker Business Park in Ripon, a DHL site in Nottingham and a Whirlpool location in Raunds had all reached "their full value" under its ownership and were now "less well aligned" with its long-term strategic and portfolio objectives.

The FTSE 250-listed firm said the sale delivered an internal rate of return above its 9% per annum target and represented a blended net initial yield of 5.6% compared to the assets' purchase cost.

Chief executive Colin Godfrey said: "Ongoing portfolio evaluation is an intrinsic part of our strategy to deliver value to our shareholders. We continue to see strong demand for UK logistics real estate supporting attractive prices on assets which no longer align with our strategy and where we believe they have reached their full value potential in our ownership.

"So far this year we have disposed of £134.0m of assets, and we will be redeploying the proceeds into attractive opportunities, including those within our portfolio where we see the potential to secure higher returns for shareholders."

As of 0900 BST, Tritax shares were down 0.34% at 151.19p.

More News

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

6 May 21 15:53

Thursday broker round-up

(Sharecast News) - National Grid: Berenberg upgrades to buy with a target price of 1,100p.

6 May 21 13:43

BROKER RATINGS: Exane BNP downgrades three property companies

BROKER RATINGS: Exane BNP downgrades three property companies

6 May 21 09:46

Wednesday broker round-up

(Sharecast News) - Lloyds Banking Group: RBC Capital Markets reiterates outperform with a target price of 5,100p.

5 May 21 13:43

Tritax Big Box seeing record demand for logistics, as chair steps down

Tritax Big Box seeing record demand for logistics, as chair steps down

5 May 21 11:39

Tritax Big Box reports good start to 2021

(Sharecast News) - Tritax Big Box said rent collection was strong and demand for space was high in the first quarter of 2021.

5 May 21 08:44

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

28 Apr 21 16:06

Tritax Big Box REIT acquires south west England distribution unit

Tritax Big Box REIT acquires south west England distribution unit

21 Apr 21 09:31

Tritax Big Box acquires huge wine bottling facility in Avonmouth

(Sharecast News) - Tritax Big Box has acquired an 872,000 square foot distribution unit in Avonmouth for £90m, it announced on Wednesday, reflecting a net initial yield of 5.1% for 13 years of income.

21 Apr 21 08:35

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

25 Mar 21 16:03

BROKER RATINGS: Berenberg upgrades Aviva and Keywords Studios to Buy

BROKER RATINGS: Berenberg upgrades Aviva and Keywords Studios to Buy

25 Mar 21 09:32

Friday broker round-up

(Sharecast News) - Petra Diamonds: Berenberg upgrades to buy with a target price of 2p.

12 Mar 21 13:25

BROKER RATINGS: SocGen upgrades Shell and Centrica to Buy

BROKER RATINGS: SocGen upgrades Shell and Centrica to Buy

12 Mar 21 09:41

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

11 Mar 21 16:10

Tritax Big Box REIT profit more than triples in 2020 on strong demand

Tritax Big Box REIT profit more than triples in 2020 on strong demand

10 Mar 21 09:43

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.