IN BRIEF: Tritax Big Box Interim Profit Rises As Portfolio Value Grows

Tritax Big Box REIT PLC - London-based real estate investment trust focused on logistics - As at ...

Alliance News 6 August, 2020 | 11:29AM
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Tritax Big Box REIT PLC - London-based real estate investment trust focused on logistics - As at June 30, net asset value per share up 1.8% at 152.81 pence from 150.04 on same date a year before. Pretax profit for six month-period up 52% to GBP103.2 million from GBP67.8 million, on net rental income that rose by 14% to GBP78.8 million from GBP69.2 million. Contracted rent roll up by 7.4% to GBP178.9 million from GBP166.6 million, while portfolio value as at June 30 up 6.1% to GBP4.18 billion from GBP3.94 billion from December 31. Interim dividend per share down 8.8% at 3.125 pence from 3.425p year before.

Current stock price: 157.90 pence

Year-to-date change: up 6.1%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Tritax Big Box 156.10 GBX -1.08 -

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