Tritax Big Box REIT Buys Distribution Center for GBP20.9 Million
17 Mai 2017 - 09:57AM
Dow Jones News
LONDON--Tritax Big Box REIT PLC (BBOX.LN) said Wednesday it
bought a national distribution center in Doncaster, operated by
Unilever PLC (ULVR.LN), for 20.9 million pounds ($27 million).
The real estate investment trust bought the asset at a net
initial yield of 5.6%, it said, for which is paid with cash.
Shares at 0725 GMT down 0.10 pence, or 0.1%, at 144.10 pence
valuing the company at GBP1.74 billion.
-Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter
@OlgaCotaga
(END) Dow Jones Newswires
May 17, 2017 03:42 ET (07:42 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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