Tritax Big Box Reit Share Discussion Threads

[speedsgh] 19/8/2019 16:36

Progress shots of our new c.1.5 million sq ft forward funded development in Darlington, pre-let to a world leading retailer. Practical completion in less than two weeks! #PrimeFacility #BigBox #Logistics

[scubadiverr] 08/8/2019 22:03

I'm comforted too. Crazy, but id like to see this fall further short-term as believe strongly that in the long term it will be a winner.

[skinny] 08/8/2019 08:49

FWIW :- Liberum Capital Hold 146.20 155.00 Reiterates

[skinny] 08/8/2019 08:49

Highlights :-


· Dividends declared for the six-month period of 3.425 pence per share (30 June 2018: 3.35p) +2.2%, putting the Company on track to hit its full-year target of 6.85 pence8.· Adjusted earnings per share for the six-month period of 3.41p pence per share, an increase of 0.9% over H1 2018.· Portfolio independently valued at £3.85 billion as at 30 June 2019 (31 December 2018: £3.42 billion), including all forward funded development commitments. This reflected an increase across the portfolio during the six-month period of 12.6%.· EPRA net asset value ("NAV") per share decreased by 1.8% to 150.08 pence as at 30 June 2019 (30 June 2018: 152.83 pence), following the extraordinary costs incurred in relation to the db symmetry acquisition. Absent these costs, the underlying EPRA NAV growth was 0.7% during the six month period.· Total return for the period was 0.42% (30 June 2018: 5.10%). Again, absent the extraordinary costs as noted above, the Total Return would otherwise have been 2.90%.· Operating profit before changes in fair value of investment properties has increased by 5.7% to £60.7 million4 (30 June 2018: £57.4 million). Operational highlights· The Investment Portfolio5 comprised 58 assets, which are well diversified by building size, geography and customer and covers more than 30.9 million sq ft (31 December 2018: 29.8 million sq ft)· At 30 June 2019, the weighted average unexpired lease term ("WAULT") was 14.3 years6.· At 30 June 2019, 99% of the Investment Portfolio was either let or Pre-let.· During the period ending 30 June 2019, the Group acquired an 87% economic interest in db symmetry (enterprise value for 100%: £370 million7). The Symmetry Portfolio is one of the UK's largest land portfolios for logistics development, with the potential to deliver c.38 million sq ft of logistics assets across a geographically diverse range of key locations.· During the period ending 30 June 2019, the Group received the first planning consents since the acquisition of the Symmetry Portfolio:o Biggleswade - full consent for a 661,201 sq ft Big Box pre-let to The Co-operative Groupo Symmetry Park, Kettering - outline consent for up to 2.3 million sq ft of logistics space· The practical completion of the Pre-let asset at Corby and the speculative developments at Bicester and Doncaster added 1.2 million sq ft to the Investment Portfolio.· Three rent reviews settled in the period, increasing our passing rent by £0.34 million per annum, equating to an annual uplift of 2.2% on the rent reviewed.




more.....

[tyranosaurus] 08/8/2019 08:33

I`m satisfied with the results.
Buying Symmetry was investing for the future and if this means incurring costs now for future gains then I`m happy.
Dartford has produced no income but will in the future.
I`m in for the long term.

[ugandalad] 08/8/2019 08:26

Think the share price reaction says something -probably not good enough.

[ugandalad] 08/8/2019 08:25

Think the share price reaction says something -probably not good enough.

[johnrxx99] 08/8/2019 08:19

IMO not strong results but not disastrous, which after the last few days is a blessed relief.

I'm in these because of internet retail and Brexit. The former cos it a no brainer and the latter cos delays and EU angst.

Sorry about "cos"

[jakedog2] 08/8/2019 08:10

red58 Aug '19 - 07:29 - 1043 of 1043
so are they any good?
------------------------------------

red 58 .... suggest you read & best too decide yourself

[red5] 08/8/2019 07:29

so are they any good?

[gswredland] 08/8/2019 07:14

When are results please?

[johnrxx99] 01/8/2019 03:51

Yes, hope it's not a head and shoulders formation. Would have thought Fed cut will help but probably the Brexit affect.

[tyranosaurus] 31/7/2019 08:38

Share price is heading south.
Hope there is no surprises in the forthcoming results.

[skinny] 25/7/2019 13:46

A good performance today considering the 1.7125p ex-dividend.

[rathlindri] 18/7/2019 17:02

And again today

[skinny] 04/7/2019 10:40

And again @158.90p.

[aishah] 03/7/2019 11:10

Yes, lovely rise and good yield to boot

[rathlindri] 03/7/2019 11:08

Bravo! All time high

[tyranosaurus] 22/6/2019 09:36

Now at a 2019 high.
Good rise today on good volume.
Seems to have been a lot of trades after hours, including an 8m UT trade.

[gswredland] 23/5/2019 11:20

Yes and with the political uncertainty I wonder how much further this has to fall

[tyranosaurus] 23/5/2019 10:54

Looks like a price correction.
Down yesterday.
Down 4.3p today after xd of 1.7p

[cheshire man] 16/5/2019 09:51

More positive news this morning I see,,,,,,,,:-)