Tritax Big Box Reit Share Discussion Threads

[speedsgh] 27/10/2021 10:54

Interesting mini-blog on the warehousing/logistics sector...

Hot Property -

[scruff1] 25/10/2021 22:15

Cheers william. Also in Retail Gazette - just google it. The placing was well timed then !

[williamcooper104] 25/10/2021 16:04

Britain could run out of warehouse space within a year https://on.ft.com/3Cs0B4N (Gift link for first three clicks so don't click if you subscribe to the FT)

[skinny] 21/10/2021 14:40

.

The Board of Directors of Tritax Big Box REIT plc (ticker: BBOX) has today declared an interim dividend in respect of the period from 1 July 2021 to 30 September 2021 of 1.60 pence per ordinary share, payable on or around 17 November 2021 to shareholders on the register on 29 October 2021. The ex-dividend date will be 28 October 2021.

As previously announced, the intention is for the first to third quarter dividend payments to each represent 25% of the previous financial year's full year dividend. The fourth quarter dividend will be used to determine the level of any potential progression.

This dividend will be a Property Income Distribution ("PID").

[scruff1] 16/10/2021 16:11

William
It would appear that the short is still open - though i would doubt it. It would be madness

[skinny] 16/10/2021 08:55

The FCA :-

[scruff1] 16/10/2021 08:41

You have to cry at the FCA

[dhoult12] 15/10/2021 22:56

You have to laugh at the trading activity around that raise...

[scruff1] 15/10/2021 21:06

William
And they said insider dealing was illegal
Skinny
Interesting post
Sounds good - I think ! Sounds like an application for Investors in People. The last paragraph is like a compendium of currently acceptable terms -phew

[skinny] 15/10/2021 14:08

.




AWARDED LEADER FOR DEVELOPMENT IN THE EUROPEAN AND GLOBAL INDUSTRIAL LISTED SECTORS

AWARDED 81/100 AND FOUR GREEN STARS FOR OUR STANDING PORTFOLIO

Acting sustainably and responsibly is fundamental to our ability to deliver long-term value for shareholders and other stakeholders

Tritax Big Box REIT plc (the Company) (ticker: BBOX), a leading investor in and developer of high-quality large scale sustainable logistics real estate in the UK, is pleased to announce that in the 2021 survey by GRESB (Global Real Estate Sustainability Benchmark) released today the Company has been awarded four Green Stars out of a maximum of five. This compares to the previous three stars awarded to the Company in 2020.

Our GRESB 2021 score of 81/100 for the Company's standing portfolio shows strong improvement against our 2020 GRESB survey score of 72/100 and compares very favourably against the 64/100 average score in 2021 for its peer group.

The Company has also been awarded the GRESB 2021 Leader for Development in the European and Global Industrial Listed Sectors, achieving the highest score for the industrial sector with a score of 97/100 and the maximum of five Green Stars (2020: 91/100, five Green Stars).

The latest GRESB scoring reflects the Company's strong and increasing focus on ESG to improve further the ESG performance and credentials of the Company both through its investment and development portfolios, with progress achieved by delivering enhanced sustainability initiatives, such as solar PV and sustainable construction practices. The high and improved scoring also recognises the embedding and enhancing of ESG practices by the Company and the Manager, from governance policies and ESG risk assessment through to employee and wider stakeholder engagement. The strong and strengthening tenant engagement also increased this year's data collection significantly, enabling the Company to enhance measurement and drive further sustainability improvements both now and going forward.

We have further enhanced the Company's ESG credentials with our debut GBP250 million green bond issuance in November 2020, the First Sterling Green Bond Issuance by a UK REIT. This is now contributing towards the funding of the Company's extensive pipeline of new developments that are being built as best-in-class, net zero carbon buildings and which will be BREEAM certified as either "Very Good" or "Excellent."

We continue to create and implement programmes that further enhance the Company's ESG credentials over both the short and longer term, supporting the Company's 2030 Sustainability Strategy and Vision. We recognise the importance of sustainability to our customers, shareholders and the communities around our assets. We firmly believe that a rigorous focus on sustainability will ensure our long-term viability and commercial success, by helping us to make sound decisions in the best interest of all our stakeholders.

We have also improved our ESG performance across important additional ESG ratings, including Sustainalytics, FTSE4Good, ISS Oekom, and achieving an EPRA Gold Award for our ESG disclosures, further demonstrating how we continue to improve the sustainable performance of and reporting by the Company:

-- The Company's FTSE4Good rating has increased to 3.2/5 (2020: 2.3/5), above the average of 3.

-- The Company's Sustainalytics score has improved to 9.0 (Negligible Risk) (2020: 14.6 (Low Risk)), with an improved Management Score of 56.7 (Strong) (2020: 32.7), outperforming all our logistics peers.

-- ISS Oekom rated Tritax Big Box REIT as Prime in 2021.
Colin Godfrey, CEO, Tritax Management Ltd, commented:

"I am delighted with the latest improved GRESB scoring for the Tritax Big Box REIT portfolio and our award as leader for development in the GRESB European and Global Industrial Listed Sectors. This follows the launch in November last year of our bold and ambitious vision and strategy for sustainability with a view to being leaders in sustainable logistics. Our strategy is driving improvements in our ESG ratings, demonstrating not only our leadership in ESG, but also how environmental, social and governance matters are an intrinsic part of every element of the Group's strategy and increasingly embedded in the way the Group operates.

Our significantly oversubscribed GBP300 million fund raise last month enables us to accelerate o ur development programme, which is expected to be accretive to earnings, dividend and net asset value per share, in order to capture the unprecedented levels of demand we are seeing in our sector and for the assets we are developing."

Helen Drury, Sustainability Lead at Tritax Group, said:

"Acting sustainably and responsibly is fundamental to our ability to deliver long-term positive social, environmental and economic change and value for shareholders and other stakeholders. Across our business, portfolio and the wider sector, we continue to work closely with all our stakeholders to deliver ESG programmes and implement our strategy to provide further attractive, long-term outperformance and sustainable value."

[williamcooper104] 15/10/2021 12:52

Citadel took a 0.5 percent/£20m short a few weeks ago ahead of the sell down ahead of the equity raise

[scruff1] 06/10/2021 21:38

Theres Aviva gone with 3/4m. Lets see if thats cut a drag loose

[skinny] 04/10/2021 16:26

Quite a turnaround this afternoon!

[scruff1] 01/10/2021 20:54

Am I alone and missing something or is any one else a tad surprised that with a price of 204 the share price has shot up to 215? I know the notes from HL were very positive and I did say I could see no way but north -yet even

[skinny] 01/10/2021 14:47

Thanks - .

[rathlindri] 01/10/2021 14:39

hxxps://www.hl.co.uk/news/articles/Tritax-research-update-September-2021?cid=halDM221698&bid=788343959&e_cti=4326177&e_ct=T&utm_source=AdobeCampaign&utm_medium=email&utm_campaign=E0IRN_Automated_Template_IT_Tritax_30.09.2021&theSource=E0IRN&Override=1

[toffeeman] 01/10/2021 10:25

>> scruff - ta

[scruff1] 30/9/2021 16:26

I applied for £5k - got them all - plus £2 change!!

[toffeeman] 30/9/2021 16:02

Some peeps saying they have got all they applied for via PB - I have heard nothing.

Am I in the minority?

[williamcooper104] 30/9/2021 15:42

Yeah - far from ideal But a good de-trim and a nice day trade leaves not too biter a taste in the mouth

[rathlindri] 30/9/2021 13:28

Disgusted at the way this was done, small shareholders shafted

[scruff1] 30/9/2021 10:29

I suppose forewarned is fore armed. At least we know we are dealing with rogues. Where are you getting all these pictures of me from?

I am surprised (but not upset) that the share price has moved so far above 204p It shows a fairly high degree of confidence/expectation. It makes 204 look a fair discount

[skinny] 30/9/2021 10:19

The 'regulator' is toothless.



A bit of a nasty taste after this - and as has been said above - you would expect this on AIM.....

[dhoult12] 30/9/2021 10:15

The old game, was say for doing a raise for a share trading at £1, for £200m total raise.
Monday bookbuild,bring people inside, they say ok were in at an expected raise price of 95p, get £100m like that.
Tuesday, some *cough* person has leaked proposed price. Selling happens, market now at 95p a share.
Remaining people you need will now only buy at a discount at 90p a share.. original people of course get new price.

Losers are all the shareholders who get extra dilution. Winners are those who got the leak and sold to buy back later.

Still amazed it's happened on something as large as this. Wouldn't expect anything from regulator about as useful as a chocolate teapot for stuff like this.

[scruff1] 30/9/2021 09:43

dhouti
Thats no surprise or the mms wouldnt employ rampers on this web site et al.
A friend of mine (hes very wealthy - you are unlikely to have heard of him but his company was quite well known) told me that quite some time ago he was given the nod of a takeover. He told me that he bought rather more shares than he could afford - I didnt ask how many but it must have been eye watering. Sure enough the take over went ahead and his shares went from around 30p to 70p. His broker phoned him to ask who gave him the nod. Being a barrister in his day job he of course denied any knowledge. His broker replied ' well it doesnt matter but you bought that many we bought a lot too'. So its not too difficult to see how it gets around. It just seems more brazen these days


By the way He did get a visit from FSA Again he of course denied doing anything untoward. They told him it wasnt him they were after but the person who supplied him with the inside info