Tritax EuroBox PLC Notice of Results (3401R)

TIDMEBOX TIDMBOXE

RNS Number : 3401R

Tritax EuroBox PLC

28 February 2019

28 February 2019

Tritax EuroBox plc

(the "Company")

NOTICE OF RESULTS

Tritax EuroBox plc (tickers: EBOX (Sterling), BOXE (Euro)), which invests in Continental European logistics real estate assets, will announce its results for the period from 1 July 2018 to 31 December 2018 on Thursday, 28 March 2019.

A Company presentation for analysts and investors will be held at 8.45am on the day at the offices of Maitland, Havas Building, 3 Pancras Square, London, N1C 4AG. The presentation will also be accessible via a live conference call and on-demand via the Company website: https://www.tritaxeurobox.co.uk/investors/.

Those wishing to attend the presentation or access the live conference call are kindly asked to contact Maitland on [e-mail] or by telephone on [phone].

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
 Tritax Group 
  Nick Preston 
  James Dunlop                            [phone] 
 
 Jefferies International Limited 
  Gary Gould 
  Stuart Klein                            [phone] 
 Kempen & Co N.V. 
  Dick Boer 
  Thomas ten Hoedt                        [phone] 
 Maitland/AMO (Communications Adviser)    [phone] 
  James Benjamin                           [e-mail] 
 

NOTES:

Tritax EuroBox plc invests and manages a well-diversified portfolio of well-located Continental European logistics real estate assets that are expected to deliver an attractive capital return and secure income to shareholders. These assets fulfil key roles in the logistics and distribution supply-chain focused on the most established logistics markets and on the major population centres across core Continental European countries.

Occupier demand for Continental European logistics assets is in the midst of a major long-term structural change principally driven by the growth of e-commerce. This is evidenced by technological advancements, increased automation and supply-chain optimisation, set against a backdrop of resurgent economic growth across much of Continental Europe.

The Company's Manager, Tritax Management LLP, has assembled a full-service European logistics asset management capability including specialist "on the ground" asset and property managers with strong market standings in the Continental European logistics sector. The appointed asset managers Logistics Capital Partners ("LCP") and Dietz AG ("Dietz") are logistics specialists and offer the Company exposure to high quality asset management expertise and access to their respective development pipelines, providing acquisition opportunities across Continental Europe.

The Company is targeting, on a fully invested and geared basis, an initial Ordinary Share dividend yield of 4.75% p.a.(1) , which is expected to increase progressively through regular indexation events inherent in underlying lease agreements, and a total return on the Ordinary Shares of 9.0% p.a.(1) over the medium-term. The Company intends to pay dividends on a quarterly basis with shareholders able to receive dividends in Sterling or Euro.

Further information on Tritax EuroBox plc is available at www.tritaxeurobox.co.uk

1. Euro denominated returns, by reference to IPO issue price. These are targets only and not profit forecasts. There can be no assurances that these targets will be met and they should not be taken as indications of the Company's expected or actual future results.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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February 28, 2019 02:03 ET (07:03 GMT)