||Development of a new REIT and IPO raising £200m
|About the client:
||Tritax Big Box is a leader in UK Big Box real estate investment and is the first listed investment company to give pure exposure to the Big Box asset class in the UK – advised by Akur since 2012
|About the transaction:
||Akur led the development of the REIT and spent nearly 10 months working on the development and structuring of the project including finding the key cornerstone investors.
The first REIT for the Tritax Group and one of the largest real estate IPOs in 2013.
Mark Shaw, Chairman of Tritax commented:
“…Akur has shown tremendous commitment to the project from the initial development and structuring through to the fundraising… It was particularly valuable to us to have an independent and highly experienced IPO adviser leading the process…”