Listen to our audio results for the period from 1 July 2018 to 31 December 2018Read more
28 March 2019
Tritax EuroBox plc (tickers: EBOX (Sterling), BOXE (Euro)), which invests in Continental European logistics real estate assets, is today reporting its results for the period from 1 July 2018 to 31 December 2018.
Robert Orr, Chairman of Tritax EuroBox, commented:
“The portfolio is well positioned for income growth, through a combination of embedded annual indexation, growth in market rents and income improvements created through asset management. This supports our objective of delivering secure and growing income and attractive capital returns for shareholders.
There are good prospects for further portfolio growth in 2019. The Continental European logistics market has strong fundamentals, driven by growth in e-commerce and occupiers optimising their supply chains. By leveraging the long-established relationships of Tritax Group and our local asset managers, we see an attractive pipeline of off-market investment opportunities. Our unsecured revolving credit facility will provide a flexible source of committed capital, helping us to build and diversify the portfolio.”