Tritax Big Box Reit Share Discussion Threads

[skinny] 28/9/2021 11:09

The sector has had a decent run, but even so.....

[scruff1] 28/9/2021 11:05

Do we know whats at the root of the route !

[scruff1] 25/9/2021 21:35

This is the new Conservative 'global Britain'. Wouldnt do for capitalism to be seen being successful. Tax tax and tax again Boris - youve got a liking for spending.

[williamcooper104] 25/9/2021 17:34

Good thing they don't pay corporation tax then :) Actually a tail wind is business rates - at some point all that's been lost on physical retail will be loaded onto logistics

[dhoult12] 25/9/2021 09:38

It's more than that, the fit outs on these places cost multiples of the rental amount so getting locked out isn't really a sane option.

They will pay the warehouse rent long before they pay the store rent for that reason. Hence why bbox and co had 99% rental collection during covid where as HMSO and co had 50% if lucky.

[igoe104] 25/9/2021 07:25

The rent is the first thing a business will pay,without premises for stock they won't be able to operate a business...

[williamcooper104] 24/9/2021 23:00

Shows if anything just how crucial logistics are to the economy There's driver shortages in Europe; we've made it worse here with brexit The amount of goods shipped could fall temporality; but doubt this will lead to any rental defaults

[scruff1] 24/9/2021 22:44

Crossed my mind andratx. If the driver (petrol?) shortage is a long term affair (Shatts says it isnt so it probably is)then it could impact heavily on supply as well as though maybe less importantly, distribution. That in that case could affect business' profits and investment and ultimately rentals so I suppose its not difficult to why the wobbles. If it is a short lived affair then 224 could be a buying op though I would imagine its cooled the pretty impressive rise thus far for perhaps quite some time. Other opinions ?

[andratx] 24/9/2021 16:45

Price drop is possibly related to the haulage problems. Segro and Warehouse Reit are similarly marked down whereas Eurobox is only down.5%

[williamcooper104] 24/9/2021 12:28

Funny - both will have written almost same thing at same time

[chucko1] 24/9/2021 12:26

BBOX is currently yielding 2.95%. It is quite possible that the 12bps rise in Gilt yields is an issue in the minds of some. PHP off a little too, although the higher yielding REITs are stable.

[williamcooper104] 24/9/2021 12:26

Usual somewhere between NAV and share price Could also be interest rate rises - most sovereign debt markets traded out 10-15bps (though PHP and other rate sensitive reits haven't fallen as much)Doubt it's to do with China

[scruff1] 24/9/2021 11:24

Fair point. But you would have thought there would have been some murmer. Surely cant be connected to Wu gang. If it is a placing what would you think would be the fair discounted price?

[williamcooper104] 24/9/2021 11:14

Well it's been more than 5 minutes since they last raised equity EBOX and ASLI having both recently been to the equity well (That's idle speculation on my part though)

[financeguru] 24/9/2021 10:55

more likely the chinese! they need putting back in their box!

[scruff1] 24/9/2021 10:20

Blimey has something gone wrong with the co. or is it just panic or worries over fuel supplies. Been wobbling for a while

[skinny] 22/9/2021 15:34

.




The Board of Tritax Big Box REIT plc (ticker: BBOX) (the "Board") is pleased to announce the appointment of Wu Gang as a Non-Executive Director of the Company with effect from 1 October 2021. Wu Gang will also be appointed as a member of the Audit & Risk and Management Engagement Committees.

Wu Gang has a strong strategic and financial advisory background and a wealth of international experience gained from a career of over 25 years in investment banking in Asia and Europe. Wu Gang set up and led the European investment banking team at CLSA Securities, the international investment banking platform of CITIC Securities, from 2015 to 2019. Prior to CLSA Securities, he was head of M&A and General Industrials at ICBC International. Wu Gang also held senior level positions at the Royal Bank of Scotland, HSBC and Merrill Lynch in Hong Kong and London. He started his investment banking career at Goldman Sachs.

Wu Gang is currently a Non-Executive Director of IG Group Holdings Plc and Ashurst LLP. He is also a senior adviser at Rothschild & Co Hong Kong Ltd. He served as a Non-Executive Director of Laird Plc from January 2017 to June 2018.

Aubrey Adams, OBE, FCA, FRICS, Chairman of Tritax Big Box REIT plc, commented:

" I am delighted to welcome Wu Gang to the Board as a Non-Executive Director. Wu Gang brings a range of international investment banking experience, gained from Asia and Europe. Wu Gang's appointment will further strengthen our Board and we very much look forward to working with him."

Following Wu Gang's appointment, the Board approved the following changes to its committees, which will take effect from 1 October 2021.

Committee Membership
Audit & Risk Committee Richard Laing (Chair)
Karen Whitworth
Wu Gang
Nomination Committee Aubrey Adams (Chair)
Karen Whitworth
Alastair Hughes
Management Engagement Committee Karen Whitworth (Chair)
Richard Laing
Aubrey Adams
Alastair Hughes
Wu Gang

[speedsgh] 16/9/2021 15:39

Article includes references to #BBOX #EBOX #ASLI...

Phayre-Mudge: The smart money is in ‘shed’ developers -

[scruff1] 15/9/2021 20:37

Mach
Thanks for your thoughts. Appreciated. Yep. Ive always seen it almost as a paradox. Lock in profits and then spend em on a loser! Always a gamble. Agree though the divis are attractive - especially in this financial messy climate

[mach100] 15/9/2021 20:25

Evening Scruff. Tricky one. The yield is good here even now and pretty secure versus other investments.I keep recycling my divis in here and though I stopped buying in the market some time ago I have built up a decent holding. If I had sold at 160p to 180p I would be kicking myself. I can see the temptation to sell but unless you have a better home you might end up worse off of course. I am holding and would indeed add if it fell and drove up the yield. BBox is in an area with a huge barrier to entry so is a good option in your PF. There are others I would sell off before this one.

[scruff1] 15/9/2021 19:46

Yesterday I had decided that this has peaked and now the dividend was the main driver.
I held and now probably regret doing so. I bought around 140p so its been a good ride. I think tomorrow Im gone. Any views?

[skinny] 31/8/2021 11:51

Quietly making another new high @238.20p

[williamcooper104] 28/8/2021 18:27

I got out of my US hotel REITs and topped up in the 80s - wasn't thinking of making >2.5x - just that it seemed given all that was happening at the time one of the safest places to park money

[robow] 28/8/2021 17:39

yes thanks Williamcooper