Tritax Big Box REIT plc
Tritax Big Box REIT plc | |
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Date: | February 2016 |
Deal Size: | £200m equity fundraise |
About the client: | Tritax Big Box is a leader in UK Big Box real estate investment and is the first listed entity to give pure exposure to the Big Box asset class in the UK – advised by Akur since 2012. |
About the transaction: | Significantly over-subscribed, the fundraise was increased from a target of £100m to the hard cap of £200m. Comprising a Placing, an Open Offer, and Offer for Subscription. The proceeds were raised for continued investment in standing and development assets. BBOX focuses on large scale logistics assets let to blue chip clients, providing scale and automation to major on-line retailers. |
Lead: | Anthony Richardson |
