 | |
| Company type | Public limited company |
|---|---|
| Industry | Property investment |
| Founded | 2013; 12 years ago (2013) |
| Headquarters | , |
Key people | Richard Jewson (Chairman) |
| Revenue |  £276.0 million (2024)[1] |
| £514.6 million (2024)[1] | |
| £445.5 million (2024)[1] | |
| Website | tritaxbigbox |
Tritax Big Box REIT is a Britishreal estate investment trust (REIT) investing in "Big Box" distribution centres.
The company is managed by Tritax, a property management business, formed in 1995.[2] It was the subject of aninitial public offering raising £200 million in November 2013.[3] It raised a further £150 million in July 2014, a further £110 million in November 2014 and a further £175 million in March 2015 as well as a £500 million lending facility.[4] Addition funds were raised through placings in February 2016 and in September 2016.[5]
In February 2024, the company announced it had reached a merger agreement withUK Commercial Property REIT.[6][7] The transaction received shareholder approval on 2 May 2024,[8] allowing it to proceed to completion.[9]
The company owns a distribution centre inSherburn-in-Elmet leased toSainsbury's,[10] a distribution centre nearBarlborough leased toTesco[10] and aMarks & Spencer distribution centre inLeicestershire.[3] It also owns properties leased toNext plc,Morrisons,DHL Express,Rolls-Royce,L'Oréal,Kuehne + Nagel,Ocado,Dunelm Group,Howdens Joinery andT.K. Maxx.[4] The company valued its portfolio at £4.8 billion as at 31 December 2023.[1]
