The COVID-19 pandemic has accelerated trends in online retailing, to the benefit of the European logistics market, in which Tritax EuroBox is a leading player.
Demand for logistics space is growing rapidly, while supply of existing and new property is dwindling. This supply-demand imbalance is even more acute in prime locations close to heavily populated areas, where sustained rental growth is forecast.
Tritax EuroBox has amassed a portfolio of big box (very large warehouse)facilities located in major logistics hotspots across Europe. Numerous opportunities to add value also exist within the portfolio, including development and asset management projects. One of the key differentiators of EBOX to its peers is its exclusive relationships with established logistics developers. Through the tie ups, EBOX has access to and first right of refusal over a pipeline of development assets worth €2bn.
"Rental growth prospects in prime European logistics markets has been exacerbated by a surge in demand for online retailing"
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