Tritax Big Box Reit Share Discussion Threads

[skinny] 25/1/2022 08:15

From the energydigital link above, a search for JLL reveals :-



nice to know!

[williamcooper104] 24/1/2022 21:15

It was React Tritax and Abrdn are becoming Britishvolt's partners to fund the build of the project – shell and core – as well as to develop the associated supplier park. The duo are seeking to raise between £1.7bn-£2bn for a new fund to deliver the huge project, with JLL understood to be involved in the hunt for equity.The development is also receiving support from the government through its Automotive Transformation Fund, delivered by the Advanced Propulsion Centre.

[scruff1] 24/1/2022 20:58

Cheers William. Response appreciated

[williamcooper104] 24/1/2022 17:04

Think I read it in React news

[scruff1] 22/1/2022 16:17

William
Where did you glean that JLL have been appointed to raise the equity? I cant find it

[skinny] 21/1/2022 12:55

Agreed - hopefully it raises the company's profile - these still remain my biggest holding by value.

[williamcooper104] 21/1/2022 12:48

"Should" being the key word there - they don't have £1.7bn yet

[skinny] 21/1/2022 12:44

I hate to be pedantic, but its tritAx.

From the BBC :-

"The BBC understands the government has committed about £100m through its Automotive Transformation Fund.

Britishvolt also announced backing from investors Tritax and Abrdn, that should unlock about £1.7bn in private funding".

And

[williamcooper104] 21/1/2022 12:27

It's a JV between Aberdeen and Tritex but they've appointed JLL to go raise equity for a standalone fund for the project; so doesn't look like will be funded from BBOX

[williamcooper104] 21/1/2022 10:55

Tritex is the management company (now mostly owned by Aberdeen)So it could be bound for BBOX and/or other accounts they manage Given size my guess is that it will be split up among a few vehicles

[skinny] 21/1/2022 10:28

Its the holding company :-

[tnt99] 21/1/2022 10:23

Is this gigafactory one Northumberland being built by tritax not sure if it's another company?

[rathlindri] 31/12/2021 17:48

Nice end to the year, my best holding in 2021 by quite a margin. HNY all here

[skinny] 29/12/2021 09:33

Another ATH @247.40p

[skinny] 08/12/2021 08:38

Another ATH @244.80p.

[18bt] 03/12/2021 13:21

Another ATH

[williamcooper104] 01/12/2021 15:22

Must sit down and compare SGRO to BBOX - SGRO have a huge land bank too, but it looks like more of that is in SGROs share price than for BBOX BBOX should trade at a discount to SGRO given external management

[1nf3rn0] 01/12/2021 14:19

(Sharecast News) - JPMorgan initiated coverage of Tritax Big Box at 'overweight' on Wednesday with a 265p price target as it noted the company has a significant landbank of development opportunities.JPM said the scale of the landbank allows for a potential doubling of the portfolio to more than £10bn and a rent roll of £447m, up from £175m in the first half of last year."Access to this pipeline alleviates a major risk - sourcing future development opportunities - and provides a runway for investment for a number of years to come," it said."Tritax is geographically diverse, with over half of the portfolio built post 2010 and it counts Amazon as its single largest tenant."The outlook for logistics property in the UK is strong, and with Tritax's circa 40m sq ft development pipeline - enough to double the portfolio in size - the company offers one of the most focused ways of playing UK-wide logistics property demand."

[skinny] 29/11/2021 09:39

A new ATH @244.20p.

[scruff1] 26/11/2021 18:15

Never a truer word William. Until this morning I was having a superb week. Good old BBOX.