Tritax Big Box Reit Share Discussion Threads

[williamcooper104] 14/9/2020 15:49

1m sf planning application in Merseyside submitted

[dhoult12] 11/9/2020 13:59

Yes this feels a lot safer than other stuff i hold at the moment... If it all collapses to the point warehouses are not needed - which gives the impression nobody is buying anything online or in store, then there are bigger issues to worry about than share prices.

[anley] 10/9/2020 18:24

A very good deal and as management tells us all the cash goes towards the building of new sheds. The JV with National Grid still facinates me with all those round gas holders - what scope and then their is the south London land................needed when there is new crossing and a new route to Dover and the north of England............. Just hold and reinvest the dividend - pop it into a ISA/SIPP and cash it all in when one retires say at 70.

[williamcooper104] 03/9/2020 14:18

Yep - and that's unlevered - with debt it's going to be 30 plus

[n0rbie] 03/9/2020 14:06

"IRR of 18.5% per annum" lovely!

[speedsgh] 03/9/2020 13:06

The property was acquired in March 2014 for £28.64m... HTTPS://www.investegate.co.uk/tritax-big-box-reit/rns/agreement-to-acquire-tesco-distribution-centre/201403131440051643C/

[skinny] 03/9/2020 07:10

Sale of Chesterfield asset for GBP57.3 million. Tritax Big Box REIT plc (Tritax Big Box or the Company) today announces completion on the sale of its Chesterfield asset for GBP57.3 million. We acquired the asset in March 2014 when it had 6.2 years of lease remaining to Tesco. In 2018, we implemented a pro-active asset management initiative and agreed an early surrender of the existing lease to Tesco and secured a new 15 year lease to Amazon, significantly enhancing the value of the asset. more.....

[dhoult12] 26/8/2020 22:36

Happy to reinvest divis here. SHED another good one just not as liquid. Even stores in trouble who refused to pay their rent elsewhere pay the warehouse. The costs of the fit out compared to the shed rent, de risk it for the landlord massively.

[scruff1] 26/8/2020 21:45

RBC raises Tritax BBOX to 170 (160) Outperform

[skinny] 26/8/2020 16:36

One of my longer holds in the sector - first bought December 2013 @100.95p, also bought in March @82.85p - so very happy.

[mach100] 26/8/2020 16:32

Divi is paid on Friday. I expect quite a few investors like me will be recycling the divi into shares. So buying and the share price should pick up on Monday and Tuesday next week. £1.40 will not happen because of its ties with Amazon and also the safe yield in an investment environment of pitiful returns. I would be buying a warehouse full if it hits that price I can tell you!

[igoe104] 26/8/2020 16:25

Unless we see a massive market selloff again, I cant see £1.40 again, with online shopping orders growing in a big way, and Amazon going to increase warehouse capacity up to 50% the warehouse sector is a great sector to invest in. That's why I hold these WHR, SHED.

[tyranosaurus] 25/8/2020 11:32

Back to 140 ?

[skinny] 12/8/2020 12:27

Low volume (so far) and the sector generally is off today.

[scruff1] 11/8/2020 21:23

Sorry guys but bought quite a few (for me) more yesterday so that could put the skids under it :-)

[skinny] 11/8/2020 12:16

New 12 month high @162.20p

[dhoult12] 09/8/2020 00:31

Indeed. Of course if you are Segro you could go for a share based take over at 30% premium to close on this and still come out looking smart from a board perspective.

[scubadiverr] 08/8/2020 12:15

I can see this far surpassing previous highs. Various tall winds in its favour and it focuses only on the bits people are rating Segro for, the mega warehouse logistics hubs. This is BBOX s sole focus and yet it is Segro currently trading at a 38% premium to its NAV and offering only a 2.1% yield. BBOX barely at a premium to NAV and offering twice the yield. With interest rates likely to remain at all time lows and inflation likely to increase, I know where my money would go.

[skinny] 08/8/2020 11:36

What's not to like :- H1 2020 results.

[igoe104] 07/8/2020 10:13

Tritax Big Box REIT profit up on rent collection levels; secures 20-year pre-let with Amazon . https://tinyurl.com/y2829xrx

[tyranosaurus] 06/8/2020 11:19

Thank you.

[scubadiverr] 06/8/2020 11:15

C. 164 late July 19

[tyranosaurus] 06/8/2020 11:04

Anyone know what the all time high is for this share ? Must be getting close to it at the moment.