Tritax Big Box REIT plc (TTBXF)
Tritax Big Box REIT plc operates in the REIT - Industrial industry of the Real Estate sector, headquartered in London, LO, GB. The stock last traded at $2.04, down 0.73% on the session, giving a market capitalisation of $5.55B. On trailing twelve-month figures it carries a trailing P/E of 14.01, a net margin of 76.4%. Its beta of 0.49 implies it has historically moved less than the broad market.
Tritax Big Box REIT plc is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. Tritax Big Box targets attractive and sustainable returns for shareholders by investing in and actively managing existing built investments and land suitable for logistics development. The Company focuses on well-located, modern logistics assets, typically letting institutional-grade clients on long-term leases with upward-on-only rent reviews and geographic and client diversification throughout the UK. Additionally, having adopted a approach, the Company has recently secured its first data center development opportunities (amounting to over 250MW), and has a pipeline of c.1-gigawatt of further opportunities, offering the potential to deliver exceptional returns on an accelerated basis. The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies, is listed on the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices. The firm was established and on September 14, 2012 and incorporated in 2012 in United Kingdom.
Tritax Big Box REIT plc is most often compared with the following Real Estate names: