The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTritax Eurobox Share News (EBOX)

Share Price Information for Tritax Eurobox (EBOX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 55.80
Bid: 56.10
Ask: 56.30
Change: -1.00 (-1.76%)
Spread: 0.20 (0.357%)
Open: 57.80
High: 57.80
Low: 55.80
Prev. Close: 56.80
EBOX Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Tritax EuroBox secures new five-year lease in Sweden

Thu, 04th Jan 2024 09:05

(Alliance News) - Tritax EuroBox PLC on Thursday said it has agreed to a new five-year lease at the first phase of its two-unit development in Rosersberg, a prime logistics location near Stockholm, Sweden.

The investor in Continental European logistics real estate said the letting is for the 5,007 square metre unit at its 13,611 square metre two-unit development close to Arlanda airport.

The five-year green lease has been secured with an unnamed "leading Scandinavian photovoltaic company", beginning in March with a 100% consumer price inflation indexation. This will be reviewed annually and includes a further five-year extension option.

The rent has been agreed at 3% above the estimated rental value as of September and 20% above the underwrite level.

Tritax EuroBox Asset Management Director James Charlesworth said: "This letting successfully demonstrates our strategy of both identifying good speculative development opportunities and attracting strong customers to our high-quality, sustainable buildings, developed close to major population centres and with good transport connections. Securing this lease above ERV and rental guarantee levels to a new customer in a growing sub-sector, underlines the attractiveness of our assets."

Shares in Tritax were up 0.3% at 58.90 pence each in London on Thursday morning.

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
1 Jul 2021 13:53

RBC initiates Tritax EuroBox with 'outperform' rating

(Sharecast News) - Tritax EuroBox's discount to its assets is unjustified relative to its peers' large premiums, Royal Bank of Canada said as it initiated coverage with an 'outperform' rating.

Read more
16 Jun 2021 11:02

IN BRIEF: Tritax EuroBox buys logistics facilities for EUR47 million

IN BRIEF: Tritax EuroBox buys logistics facilities for EUR47 million

Read more
15 Jun 2021 20:28

TRADING UPDATES: Tremor Nasdaq IPO underway; MGC's CannEpil in Ireland

TRADING UPDATES: Tremor Nasdaq IPO underway; MGC's CannEpil in Ireland

Read more
11 Jun 2021 15:59

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
27 May 2021 20:17

TRADING UPDATES: Brave Bison, Strix Group see strong performances

TRADING UPDATES: Brave Bison, Strix Group see strong performances

Read more
20 May 2021 16:06

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
18 May 2021 18:01

IN BRIEF: Tritax EuroBox interim profit up, dividend rises

IN BRIEF: Tritax EuroBox interim profit up, dividend rises

Read more
11 May 2021 16:14

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
1 Apr 2021 17:43

IN BRIEF: Tritax Eurobox acquires two German assets for EUR291 million

IN BRIEF: Tritax Eurobox acquires two German assets for EUR291 million

Read more
12 Mar 2021 16:47

IN BRIEF: Tritax EuroBox assigned BBB- long term rating by Fitch

IN BRIEF: Tritax EuroBox assigned BBB- long term rating by Fitch

Read more
5 Mar 2021 21:23

TRADING UPDATES: AMTE prices IPO; Tritax ups placing to GBP198 million

TRADING UPDATES: AMTE prices IPO; Tritax ups placing to GBP198 million

Read more
5 Mar 2021 15:58

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
28 Feb 2021 19:40

Sunday share tips: Greencore, Tritax EuroBox

(Sharecast News) - It's always darkest just before the dawn, The Sunday Times's Sabah Meddings said of Greencore in her 'Inside the City' column.

Read more
19 Feb 2021 11:16

Tritax Eurobox To Raise GBP173 Million To Fund Property Acquisitions

Tritax Eurobox To Raise GBP173 Million To Fund Property Acquisitions

Read more
15 Feb 2021 11:32

TRADING UPDATES: Learning Tech, UP Global, Tritax EuroBox Secure Deals

TRADING UPDATES: Learning Tech, UP Global, Tritax EuroBox Secure Deals

Read more

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.