Strong operational performance, robust balance sheet and significant opportunities
Tritax Big Box REIT plc ("Tritax Big Box" or "the Company") today announces it has successfully exchanged contracts for the sale of an investment asset let to Howdens in Raunds for a net consideration of £84.3 million, in line with its December 2022 and June 2023 valuations, and reflecting a net initial yield of 4.0%. The purchaser is a leading UK institutional investor in real estate.