Jump to content

Tritax EuroBox

From Wikipedia, the free encyclopedia
Tritax EuroBox
Company typePublic limited company
IndustryProperty
Founded2018
HeadquartersOld Bond Street, London
Key people
Richard Orr (Chairman)
RevenueIncrease 79.9 million (2023)[1]
Decrease (238.77) million (2023)[1]
Decrease (229.79) million (2023)[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

[edit]

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

[edit]

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

[edit]
  1. ^ a b c d "Annual Results 2023" (PDF). Tritax Eurobox. Retrieved 13 February 2024.
  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.
[edit]