Tritax Big Box Reit Share Discussion Threads

[nickrl] 02/3/2023 14:07

So NRI goes up 22m but we only end up with 5m of it largely because mgt fees absorbed a big chunk of it. Anyhow good news is that val drop translates nicely into reduced fees next year but we will still have the income and more of it to easily cover the divi and lift it up again next year. Of course that might not quite play out this way if valuers start to decide that perhaps they've overcooked the reductions given how well the market is still performing in logistics.

[petewy] 02/3/2023 10:16

agreed. Long holding here

[igoe104] 02/3/2023 07:58

Nice increase in dividend, but property value fallen because of current mirco environment, which is out of their hands. A hold and add for me... certainly one for the patient investors...

[williamcooper104] 02/3/2023 07:52

Nice Not unexpected

[rathlindri] 16/2/2023 11:36

Tks Skinny

[skinny] 16/2/2023 11:06

NOTICE OF FULL YEAR RESULTS

Tritax Big Box REIT plc ("the Company") will announce its results for the twelve months ended 31 December 2022 on Thursday 2 March 2023.

[yump] 10/2/2023 11:34

Think Amazon just overreached space needed - not necessarily any implication for others.

[scruff1] 06/2/2023 08:53

Not read in depth but it seems that N.America fared better than the rest and that the relative strength of the dollar has had a large impact on its international businesses. It also appears that its overexpansion of its warehousing in 2020/21 and its subsequent reduction is having its inevitable effect on finances. AWS by comparison I thought appeared to have held up well though the recession again has had the inevitable impact. Hopefully 2023 is Ground Zero as it were and from here we find some sort of stability ( barring any further catastrophes).
So far BBOX and my other reits seem to have held up better than I feared so maybe Fri was part of the reaction.

[williamcooper104] 05/2/2023 23:51

Possibly a bit Most REITs sold of on Friday correcting Thursdays big jump - though logistics REITs did seem to sell of a little more Could also have been a little bit down to the hot US non farm payrolls and expectations of higher rates (though treasuries didn't sell off too much)

[bertiebingo] 05/2/2023 23:07

Amazon weakness was AWS (cloud computing services) related

[scruff1] 05/2/2023 22:53

Just the sp's :-(. The results were reported last week - Thurs I think. Any chance that was part of the reason behind the pretty steep falls Friday do you think?

[williamcooper104] 05/2/2023 22:46

Just read that Could well impact sentiment and tomorrows share price But given vacancy levels and demand; Amazon shifting some grey space isn't going to crash rental levels

[scruff1] 05/2/2023 22:34

Mmmm. Telegraph reporting that Amazon planning to sublet UK warehouses after suffering worst annual loss on record. No doubt after the euphoria on Thursday it will be business resumed tomorrow !! Not going to have a positive effect on rents methinks. Anyone of a different opinion?

[yump] 02/2/2023 11:04

Seems to be accelerating.

[igoe104] 27/1/2023 15:18

35% below the Nav, this share has lots of catching up to do, compared to the other reits...

[yump] 27/1/2023 15:15

Yes thanks for info.

Sp reversed again today so bodes well

[skyship] 27/1/2023 14:27

OK - thanks for that.

[skyship] 27/1/2023 08:35

REACT NEWS certainly looks to be the best source for all commercial property news; however £5100pa a bit steep - though does appear to be for 3 subscribers. Obviously a corporate subscription it would seem.

Incidentally, one of their stories is headed:

"Columbia Threadneedle wins consent for 2m sq ft London logistics park"

Any listed opportunities there? Was that why CTPT jumped a little yesterday?

[williamcooper104] 26/1/2023 10:33

Think it was React news - they gave the sf and sale price

[scruff1] 26/1/2023 08:46

You must read through some stuff william. I only read that they had sold the lot to Logicor. Where did you read?

[williamcooper104] 25/1/2023 23:05

BBOX (in a JV) just sold on a forward fund basis 83k to logicor in Dartford Looks to be about £300 psf Not a huge amount of cash coming to BBOX but could on validating values and shoes the development pipeline can be funded

[scruff1] 25/1/2023 19:56

Seems to me that all the stuff I have been gleaning from pundits, analysts and news snippets (as well as Mr Cooper) have been on the button and REITS especially BBOX have a recognized underlying value/strength. I wouldnt be surprised if they have a bit to run yet.