Finance

Tritax Big Box funds Darlington logistics scheme

By , 2018-06-29T07:44:00

db symmetry Darlington Link66

Tritax Big Box REIT has committed up to £120.7m to forward fund a new logistics fulfillment centre at Link 66, Darlington.

The scheme, which is being developed by db symmetry, is pre-let to a “financially robust retailer”. Construction will commence next month, and the price represents a net initial yield of 5%.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue