Tritax Big Box REIT to Acquire Warehouse REIT in £485 Million Deal
The prominent logistics REIT is acquiring a smaller peer in a £485 million deal, expected to be earnings accretive and deliver cost savings.
The prominent logistics REIT is acquiring a smaller peer in a £485 million deal, expected to be earnings accretive and deliver cost savings.
The retailer has announced the appointment of a non-executive director to the board of another listed company.
The major logistics property investor has secured £550 million in new financing to support its ongoing investment and development activities.
The real estate investment trust confirms it has complied with intentions made during its acquisition of another REIT.
The major logistics property investor reports strong occupational demand and a growing data centre pipeline, underpinning its ability to deliver attractive returns for shareholders.
The major REIT has sold 50% of its non-strategic assets at a premium, with a further 20% under offer, as it focuses on its core logistics portfolio.
The major logistics property investor has announced the date and details for its upcoming Annual General Meeting.
The real estate investment trust reports a minor change in shareholding by a major investor, with no apparent impact on the business.
The real estate investment trust has disclosed the purchase of ordinary shares by its executives, a common regulatory requirement.
The logistics real estate specialist reported a 24.3% increase in net rental income and a significant rise in profit before tax, demonstrating strong operational performance despite challenging market conditions.