Tritax EuroBox raises £300m for IPO

Tritax Big Box overhead

Tritax EuroBox has successfully raised £300m in an oversubscribed share offering ahead of a planned flotation on the specialist fund segment of the London Stock Exchange.

The company intends to use the proceeds from the issue to acquire a portfolio of logistics real estate assets across Europe, with a strong pipeline of acquisitions in place that are expected to deliver an attractive capital return.

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