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New Deal


Announced

Completed

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

Financials

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Transaction Value£90m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

distribution unit

Majority

Friendly

Completed

Acquisition

Real Estate

Domestic

Single Bidder

Storage Terminals

Private

Synopsis

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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.

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