Tritax EuroBox
TypePublic limited company
IndustryProperty
Founded2018
HeadquartersOld Bond Street, London
Key people
Richard Orr (Chairman)
RevenueIncrease €68.7 million (2022)[1]
Decrease €84.0 million (2022)[1]
Decrease €52.5 million (2022)[1]
Websitewww.tritaxeurobox.co.uk

Tritax EuroBox plc is a property company investing in distribution centres across Europe. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The company is managed by Tritax, a property management business, formed in 1995.[2] It was the subject of an initial public offering raising £300 million in July 2018.[3] It raised a further £170 million in September 2021.[4]

Operations

The company owns, on behalf of its lessees, distribution centres across Europe the most significant of which is a large facility for the Spanish retailer, Mango, in Barcelona.[5][6] The company's portfolio was valued at £1.8 billion as at 30 September 2022.[1]

In September 2022, Tritax announced that the company had appointed Phil Redding, a previous partner at Tritax, to be fund manager of the company.[7]

References

  1. 1 2 3 4 "Annual Results 2022" (PDF). Tritax Eurobox. Retrieved 18 February 2023.
  2. ↑ "Jefferies thinks inside the box" (PDF). The Banker. 1 July 2017. Retrieved 28 September 2021.
  3. ↑ "Tritax Eurobox raises £300m as investors scramble for shares". Citywire. 6 July 2018. Retrieved 28 September 2021.
  4. ↑ "Tritax Eurobox to raise £170m in placing to fund acquisition". Sharecast. 10 September 2021. Retrieved 28 September 2021.
  5. ↑ "Newly listed Tritax EuroBox buys €150m Spanish distribution centre". Real Assets IPE. 26 September 2018. Retrieved 28 September 2021.
  6. ↑ "Tritax to Add 1m Sq Ft to Mango Distribution Centre in Barcelona". Costar. 15 June 2021. Retrieved 28 September 2021.
  7. ↑ "Tritax EuroBox appoints new fund manager". QuotedData. 2022-09-21. Retrieved 2023-05-09.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.