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Share Name Share Symbol Market Type Share ISIN Share Description
Tritax Big Box Reit Plc LSE:BBOX London Ordinary Share GB00BG49KP99 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.80 0.87% 209.20 209.60 210.00 209.80 207.20 207.20 5,200,240 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 194.5 449.5 26.3 8.0 3,596

Tritax Big Box Reit Share Discussion Threads

Showing 1526 to 1549 of 1625 messages
Chat Pages: 65  64  63  62  61  60  59  58  57  56  55  54  Older
DateSubjectAuthorDiscuss
14/1/2021
07:47
Cracking update, but is the news largely already in the price? It feels that this still demands a premium given the development value in the land and the potential for further yield compresion and rent inflation.
18bt
14/1/2021
07:12
Valuation update: strong portfolio performance. STRONG PORTFOLIO PERFORMANCE Tritax Big Box REIT plc (the Company) today announces an update on its valuation ahead of its full year results for the twelve months to 31 December 2020, which are due to be published on Wednesday, 10 March 2021. All figures disclosed in this announcement are unaudited. UK large-scale logistics real estate market has significantly strengthened The second half of 2020 saw a significant increase in the value of prime, larger scale, UK logistics real estate assets let to high calibre occupiers on long leases. The supply of these prime assets remains constrained and occupier demand for larger scale logistics buildings continues to strengthen. When combined with a buoyant investment market, this is driving tighter pricing in transactions, accelerating yield compression and increasing valuations for prime assets both in the broader logistics real estate market and in our own high-quality investment and development portfolio. Portfolio valuation ahead of market expectations The independent valuation of our portfolio's investment and development assets (1) as at 31 December 2020 indicates a like-for-like increase in value of approximately 8% since 30 June 2020. This has been driven by the strength of the logistics real estate market, our active development and asset management activity, alongside the high-quality nature of our portfolio as demonstrated through consistently high levels of rent collection. As a result, we expect our 31 December 2020 EPRA NTA per share to have increased materially since the half year (30 June 2020: 154.85 pence per share) and to exceed the upper end of current analysts' estimates (2) . The Company will publish its Q4 2020 trading update on Thursday, 28 January 2021. (1) Excludes land and land options. (2) Based upon a Company compiled consensus, the current range of nine sell side analysts' estimates for EPRA NTA per share at 31 December 2020 is 152 pence to 166 pence, with an average of 159 pence.
skinny
30/12/2020
15:51
breaking out. just brilliant!
solooiler
29/12/2020
14:08
That was my thinking now that thigs are 'clearer'. Probably repeating myself, but I also hold SHED,WHR,RGL,AEWU,AIRE & LXI.
skinny
29/12/2020
14:02
I've got some EBOX and ASLI too - they don't seem to have much development pipeline which is unfortunate European logistics are behind U.K. in terms of market penetration so there ought to be more rental growth
williamcooper104
29/12/2020
12:37
I've ignored EBOX as I have lots of 'Box' shares - perhaps time to re-evaluate?
skinny
29/12/2020
11:43
It is - we've been robbed by equity beta - so good to get it back at end of year
williamcooper104
29/12/2020
11:30
Super rise today, and a nice way to end a difficult year
rathlindri
17/12/2020
18:05
And of course - PHNX has a fat and relatively safe divi yield
williamcooper104
17/12/2020
18:05
I've a full holding in PHNX too I see PHNX is a bit of an interest rate hedge to BBOX - in that if rates rise materially even if inflation rises too, we are likely to see value declines in BBOX as current yields are very low and the leases almost all have inflation caps of 3 percent Whereas higher rates increases the pension transfer market and reduces the longevity risk on existing annuity assets
williamcooper104
17/12/2020
15:29
Isn't it just! These are now my second biggest holding by value, behind PHNX.
skinny
17/12/2020
15:26
Tritax is out fund raising with Delaney for a £1bn retail park fund They are focusing on omni-channel retail units - eg warehouses with a shop front attached Targeting 15 IRRs Shame we can't get exposure to this
williamcooper104
17/12/2020
11:11
Tritax Symmetry agrees lease with Ocado on the last available speculatively developed facility within the Tritax Big Box portfolio - hxxp://www.commercialnewsmedia.com/archives/107571
speedsgh
17/12/2020
10:55
Hey scruff - no worries at all and hope my questioning didn't seem to direct! Totally get you with giving away control - I'm hopeful that ASI does stick to its word and Tritax remains effectively autonomous and works as a de facto independent company under the ASI umbrella. Hopefully with a Brexit deal signed and sealed within a few days and more financing available we can really push on here both in dividend and share price terms - movement seems positive so far.
eagleblue1
16/12/2020
12:17
Thanks Rath
petewy
16/12/2020
11:45
Thanks for the link.
skinny
16/12/2020
10:07
hxxps://www.moneymarketing.co.uk/news/aberdeen-standard-investments-buys-majority-stake-in-5bn-real-estate-manager/
rathlindri
14/12/2020
20:59
Was reading the H1 presentation again yesterday. Apart from the current ongoing constructions and those future developments already identified it seems upbeat about the potential for future developments as yet unidentified. I wondered whether the tie up with ASI has anything to with funding such.
scruff1
14/12/2020
12:02
I would have thought that whichever way the deal is cut demand for warehousing will increase and I'm not concerned about that side of the business model. No doubt sterling can come under further pressure. Perhaps an absolute floor of parity with the dollar on a no deal? At some point there must be the risk of inflation though I've not read a convincing argument as to when. WC has a more sophisticated grasp but I doubt he'd stick his neck out on a timeline. Maybe he'll take up the challenge!
geko5trade
14/12/2020
11:39
On a side note, is the up and downs with the no-deal BREXIT on this purely that its UK based assets, so shift capital anywhere else? Probably missing something but in the event of no deal my expectation was demand for warehousing would increase significantly with supermarkets, amazon etc having to store more than just their normal 'just in time' deliveries to keep the shelves stocked with all the potential port delays.
dhoult12
11/12/2020
08:42
Maybe if the directors use some of the cash to increase their holdings it may settle a few nerves
scruff1
11/12/2020
08:25
eagle I understand your points and funnily enough I agree with them and hope that they are the dominant drivers. My pessimism is more gut feeling driven by past experiences. The management have given away full control to a third party (they claim they haven't - lets hope thats not tested). They didnt need to do that - there wasnt a liquidity problem. Granted it gives them more cash so if there was a plan should we expect a a good use of that cash to be imminent? If not was it worth the selling of full control? Could turn out to be a good move? Maybe not. Its this issue that makes me pessimistic and dropping to a two month low after an all time high (and still falling) doesnt help and obviously Im not alone. A large part is confidence and there aint much of it about. Maybe a part of it is the fact that the co. didnt really make any great attempt to outline the merger as part of any real strategy. Really hope you are right and I am being a nob :-)
scruff1
10/12/2020
14:15
Cheers smidge - more directed at scruff but I get your point.
eagleblue1
10/12/2020
12:11
Big risk is long term gilts blowing up - we've only got limited inflation protection as the RPI caps kick in at 3 percent (used to be standard for caps in leases to be 5 percent)Inflation protection is good for sterling assets as it mitigates fall in currency So far gilts have traded in - so we are getting benefit of lower rates and higher expected inflation - eg more negative real rates Worst thing about BBOX is that's it's ££ assets
williamcooper104
Chat Pages: 65  64  63  62  61  60  59  58  57  56  55  54  Older
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