Tag: Tritax Big Box REIT
Blackstone reconsiders Warehouse REIT offer after rival bid
Wapping Bidco Ltd, a company backed by investment funds managed by Blackstone, has reopened the door to increasing its original cash offer for Warehouse...
Tritax Big Box tops Blackstone in race to acquire Warehouse REIT
Warehouse REIT has agreed to a £485 million acquisition by Tritax Big Box REIT (BBOX), withdrawing its previous recommendation of a final cash offer...
Tritax Big Box secures £400m credit facility to support growth strategy
Tritax Big Box REIT plc has secured a new £400 million unsecured revolving credit facility (RCF) with a group of existing and new lenders....
Tritax Big Box expects UK-centric assets to remain unaffected by US...
Tritax Big Box REIT plc expected its investment portfolio, which primarily serves the UK domestic market, to be unaffected by the recently announced US...
Tritax Big Box sells half of UKCM non-strategic assets above book...
Tritax Big Box REIT has exchanged or completed sales totalling £235.7 million from its UK Commercial Property REIT (UKCM) non-strategic asset portfolio, representing approximately...
Tritax acquires Heathrow site to build one of UK’s largest data...
Tritax Big Box REIT has made a significant move into the data centre market with the acquisition of a 74-acre site at Heathrow, London,...
UKCM shareholders overwhelmingly back merger with Tritax Big Box REIT
UKCM shareholders overwhelmingly approved the proposed merger with Tritax Big Box REIT at recent meetings.
In a strong show of support, around 95% of UKCM...
Tritax Big Box and UKCM strike deal for all-share merger
Tritax Big Box REIT (BBOX) and UK Commercial Property REIT (UKCM) have announced their agreement on a recommended all-share combination.
This agreement will see BBOX take over the entire...
Tritax Big Box and UKCM reach agreement on merger
Tritax Big Box REIT (BBOX) and UK Commercial Property REIT (UKCM) have jointly announced today that they have reached an agreement on the key...
Tritax Big Box REIT divests six assets for £327m
Tritax Big Box REIT has divested six assets so far in its 2023 financial year for £327m, reflecting a blended net initial yield of 4.34%.
The six...
