Tritax Eurobox (GBP) (EBOX)

Sector:

Real Estate

Index:

FTSE 250

70.00p
   
  • Change Today:
      0.100p
  • 52 Week High: 74.00
  • 52 Week Low: 47.60
  • Currency: UK Pounds
  • Shares Issued: 806.80m
  • Volume: 1,820,232
  • Market Cap: £564.76m
  • RiskGrade: 108
  • Beta: 1.00

Tritax Eurobox to acquire German logistics asset

By Iain Gilbert

Date: Friday 18 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Real estate investment trust Tritax EuroBox has entered into a conditional agreement with a subsidiary of German property investor Dietz Aktiengesellschaft for the speculative forward funding acquisition of a €76.41m logistics asset in Dormagen, located between Cologne and Düsseldorf.
Tritax Eurobox said on Friday that the asset, which was currently being constructed, was held freehold and once built will comprise three adjacent units with a total gross internal area of approximately 36,437 square metres. The three units will offer flexible leasing options to be let to either multiple tenants or a single tenant.

The FTSE 250-listed company highlighted that the asset benefits from an eighteen-month rental guarantee from Dietz at a rent reflecting €5.60 per square metre per month for warehouse space. Market rental levels in the location were expected to exceed €6.00 per square metre per month.

The acquisition price reflects a net initial yield of 3.3% based on the rental guarantee income.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

EBOX Market Data

Currency UK Pounds
Share Price 70.00p
Change Today 0.100p
% Change 0.14 %
52 Week High 74.00
52 Week Low 47.60
Volume 1,820,232
Shares Issued 806.80m
Market Cap £564.76m
Beta 1.00
RiskGrade 108

EBOX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
5.73% below the market average5.73% below the market average5.73% below the market average5.73% below the market average5.73% below the market average
42.11% below the sector average42.11% below the sector average42.11% below the sector average42.11% below the sector average42.11% below the sector average
Price Trend
76.34% above the market average76.34% above the market average76.34% above the market average76.34% above the market average76.34% above the market average
85.37% above the sector average85.37% above the sector average85.37% above the sector average85.37% above the sector average85.37% above the sector average
Income
77.42% above the market average77.42% above the market average77.42% above the market average77.42% above the market average77.42% above the market average
73.91% above the sector average73.91% above the sector average73.91% above the sector average73.91% above the sector average73.91% above the sector average
Growth
12.44% above the market average12.44% above the market average12.44% above the market average12.44% above the market average12.44% above the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 2
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

EBOX Dividends

  Latest Previous
  Q3 Q2
Ex-Div 15-Aug-24 23-May-24
Paid 13-Sep-24 21-Jun-24
Amount 1.25¢ 1.25¢

Trades for 08-Nov-2024

Time Volume / Share Price
16:35 220,423 @ 70.00p
16:35 3,231 @ 70.00p
16:35 3,231 @ 70.00p
16:35 53,534 @ 70.00p
16:35 1,714 @ 70.00p

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