Tritax Big Box REIT completed the acquisition of distribution unit in Avonmouth for £90m.

Tritax Big Box REIT, a real estate investment trust investing in "Big Box" distribution centers, completed the acquisition of an 872k sq ft distribution unit in Avonmouth for £90m. "In line with our strategy, we continue to monitor the market closely for attractive acquisition opportunities. This is a key asset, let to one of the world's largest wine companies by volume, in a strong and increasingly important location for logistics in the UK," Colin Godfrey, Tritax CEO of Fund Management.