Tritax Big Box Reit Share Discussion Threads

[skinny] 07/3/2023 17:26

Quite some volume!


free stock charts from uk.advfn.com

[williamcooper104] 07/3/2023 17:26

Revenge of the Fed

[scruff1] 07/3/2023 17:22

Two forward two back zzzzzz

[speedsgh] 03/3/2023 07:36

Citywire forum link here -

[scruff1] 03/3/2023 07:32

Interesting article in CityWire this am asking for readers thoughts on BBOX after the results. Sorry not able to post a link

[igoe104] 02/3/2023 14:33

I was very impressed with today's presentation, very polished and positive.

[williamcooper104] 02/3/2023 14:22

BBOX just sold three assets for £120m at 4.6 to Brookfield, think these had some near term reversion so not the same as the typical 15 year leases 5 yield quoted in the trading update But positive none the less; still a lot of capital chasing assets in the sector BBOX will be selling to fund developments - so out at 4.6 and reinvested at 6-8

[nickrl] 02/3/2023 14:07

So NRI goes up 22m but we only end up with 5m of it largely because mgt fees absorbed a big chunk of it. Anyhow good news is that val drop translates nicely into reduced fees next year but we will still have the income and more of it to easily cover the divi and lift it up again next year. Of course that might not quite play out this way if valuers start to decide that perhaps they've overcooked the reductions given how well the market is still performing in logistics.

[petewy] 02/3/2023 10:16

agreed. Long holding here

[igoe104] 02/3/2023 07:58

Nice increase in dividend, but property value fallen because of current mirco environment, which is out of their hands. A hold and add for me... certainly one for the patient investors...

[williamcooper104] 02/3/2023 07:52

Nice Not unexpected

[rathlindri] 16/2/2023 11:36

Tks Skinny

[skinny] 16/2/2023 11:06

NOTICE OF FULL YEAR RESULTS

Tritax Big Box REIT plc ("the Company") will announce its results for the twelve months ended 31 December 2022 on Thursday 2 March 2023.

[yump] 10/2/2023 11:34

Think Amazon just overreached space needed - not necessarily any implication for others.

[scruff1] 06/2/2023 08:53

Not read in depth but it seems that N.America fared better than the rest and that the relative strength of the dollar has had a large impact on its international businesses. It also appears that its overexpansion of its warehousing in 2020/21 and its subsequent reduction is having its inevitable effect on finances. AWS by comparison I thought appeared to have held up well though the recession again has had the inevitable impact. Hopefully 2023 is Ground Zero as it were and from here we find some sort of stability ( barring any further catastrophes).
So far BBOX and my other reits seem to have held up better than I feared so maybe Fri was part of the reaction.

[williamcooper104] 05/2/2023 23:51

Possibly a bit Most REITs sold of on Friday correcting Thursdays big jump - though logistics REITs did seem to sell of a little more Could also have been a little bit down to the hot US non farm payrolls and expectations of higher rates (though treasuries didn't sell off too much)

[bertiebingo] 05/2/2023 23:07

Amazon weakness was AWS (cloud computing services) related

[scruff1] 05/2/2023 22:53

Just the sp's :-(. The results were reported last week - Thurs I think. Any chance that was part of the reason behind the pretty steep falls Friday do you think?

[williamcooper104] 05/2/2023 22:46

Just read that Could well impact sentiment and tomorrows share price But given vacancy levels and demand; Amazon shifting some grey space isn't going to crash rental levels

[scruff1] 05/2/2023 22:34

Mmmm. Telegraph reporting that Amazon planning to sublet UK warehouses after suffering worst annual loss on record. No doubt after the euphoria on Thursday it will be business resumed tomorrow !! Not going to have a positive effect on rents methinks. Anyone of a different opinion?

[yump] 02/2/2023 11:04

Seems to be accelerating.