skip to content


Tritax Big Box REIT acquires distribution facility

09 June 2017 09:10

Tritax Big Box REIT has acquired a distribution facility at Birch Coppice Business Park, Dordon, Birmingham, operated by Ocado.

The facility serves both Ocado's and Wm Morrison Supermarkets' online retail businesses.

The total consideration is £92.33m (excluding purchaser's costs), reflecting a net initial yield of 5.25% on the asset acquisition.

Tritax Big Box REIT said the purchase was being funded from equity, and Morrisons would act as guarantor.

At 9:10am: (LON:BBOX) Tritax Big Box Reit Plc share price was -1.35p at 145.05p

Story provided by

Related Company: BBOX

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

Bluezest Aviva Aberdeen

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.