Finance

Tritax eyes European logistics IPO

By 2018-05-24T07:27:00

Birch Coppice business park Tritax

Tritax has announced plans to launch a new UK investment trust focused on investing in the continental European logistics market through an IPO on the London Stock Exchange.

The investment manager of Tritax Big Box REIT is in advanced negotiations on €600m of potential investments for Tritax EuroBox out of its €1.8bn pipeline of standing assets and pre-let forward funded developments. Last month, Tritax Big Box succesfully completed a £155.6m fundraise in a placing to fund new acquisitions.

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