Tritax Euro.eur Regulatory News (BOXE)

17 December 2018

TRITAX EUROBOX PLC

(the "Company")

€100 MILLION INCREMENTAL BANK FACILITIES

The Board of Tritax EuroBox plc (tickers: EBOX (Sterling), BOXE (Euro)), which invests in Continental European logistics assets, is pleased to announce it has agreed a €100 million increase to its existing €200 million unsecured revolving credit facility, which was announced on 22 October 2018. This increase is on the same terms as the existing facility.

Bank of America Merrill Lynch has agreed to provide a new €100 million commitment alongside existing lenders HSBC and BNP Paribas.

The Company was advised on the financing by Lazard & Co., Limited.

Nick Preston, Fund Manager for Tritax EuroBox plc, commented:

"We are delighted that Bank of America Merrill Lynch has supported us in this transaction. The new commitment will provide additional flexible liquidity to pursue investment opportunities in our pipeline."

For further information, please contact:

The Company's LEI is: 213800HK59N7H979QU33

NOTES:

Tritax EuroBox plc intends to acquire and manage a well-diversified portfolio of well-located Continental European logistics real estate assets that are expected to deliver an attractive capital return and secure income to shareholders. These assets will fulfil key roles in the logistics and distribution supply-chain focused on the most established logistics markets and on the major population centres across core Continental European countries.

Occupier demand for Continental European logistics assets is in the midst of a major long-term structural change principally driven by the growth of e-commerce. This is evidenced by technological advancements, increased automation and supply-chain optimisation, set against a backdrop of resurgent economic growth across much of Continental Europe.

The Company's Manager, Tritax Management LLP, has assembled a full-service European logistics asset management capability including specialist "on the ground" asset and property managers with strong market standings in the Continental European logistics sector. The appointed asset managers Logistics Capital Partners ("LCP") and Dietz AG ("Dietz") are logistics specialists and offer the Company exposure to high quality asset management expertise and access to their respective development pipelines, providing acquisition opportunities across Continental Europe.

The Company is targeting, on a fully invested and geared basis, an initial Ordinary Share dividend yield of 4.75% p.a.1, which is expected to increase progressively through regular indexation events inherent in underlying lease agreements, and a total return on the Ordinary Shares of 9.0% p.a.1 over the medium-term. The Company intends to pay dividends on a quarterly basis with shareholders able to receive dividends in Sterling or Euro.

Further information on Tritax EuroBox plc is available at www.tritaxeurobox.co.uk

1. Euro denominated returns, by reference to IPO issue price. These are targets only and not profit forecasts. There can be no assurances that these targets will be met and they should not be taken as indications of the Company's expected or actual future results. Accordingly, potential investors should not place any reliance on these targets in deciding whether or not to invest in the Company and should decide for themselves whether the targets are reasonable or achievable.