Tritax Big Box Reit (LSE:BBOX)
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De Jul 2019 a Jul 2020
RNS Number : 2278S
Tritax Big Box REIT plc
04 November 2019
4 November 2019
TRITAX BIG BOX REIT PLC
The Company notes that, as announced by The Rank Group plc, Karen Whitworth, a Non-Executive Director of the Company, was appointed as Non-Executive Director of The Rank Group plc and will be appointed as Audit Committee chair with effect from 21 November 2019. Karen will also serve on The Rank Group plc's Safer Gambling and Remuneration Committees.
In accordance with the Listing Rules, there is no further information required to be disclosed pursuant to LR9.6.14R.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tritax Group via Maitland (below)
Colin Godfrey (Partner, Fund Manager)
Maitland (Communications Adviser) Tel: 020 7379 5151
James Benjamin email@example.com
Jefferies International Limited Tel: 020 7029 8000
Akur Limited Tel: 020 7493 3631
The Company's LEI is: 213800L6X88MIYPVR714
Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets ("Big Boxes") in the UK and is committed to delivering attractive and sustainable returns for Shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and pre-let forward funded developments, the Company focuses on well-located, modern Big Box logistics assets, typically greater than 500,000 sq ft (measured by floor area, c. 69% of the Company's existing logistics facilities including forward funded developments are in excess of 500,000 sq ft), 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 UK. The Company seeks to exploit the significant opportunity in this sub-sector of the UK logistics market owing to strong tenant demand and limited supply of Big Boxes.
The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies ("REIT"), is listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.
Further information on Tritax Big Box REIT is available at www.tritaxbigbox.co.uk
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(END) Dow Jones Newswires
November 04, 2019 13:17 ET (18:17 GMT)