Tritax Big Box REIT PLC

Market Cap

£3061.39m

Dividend Yield

3.60%

Sector

Logistics

About

Tritax Big Box REIT plc is a real estate investment trust (REIT) focused on investing in logistics facilities in the United Kingdom. The Company operates through the investment property segment. Its objectives reflect the Company's aim of creating value for shareholders. It invests in and manages both standing assets and pre-let forward funded developments. The Company focuses on well-located, modern Big Box logistics assets, typically greater than 500,000 square feet, let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the United Kingdom. The Company seeks to exploit the significant opportunity in this sub-sector of the United Kingdom logistics market. Tritax Management LLP is the Company's alternative investment fund manager.