– UK, Haywards Heath – Tritax Big Box REIT plc (LON:BBOX), announces that, after over five years of service to the Company, Jim Prower has resigned as a Non-Executive Director of the Company with effect from 27 March 2019, and also announced that Aubrey Adams, currently a Non-Executive Director of the Company, has been appointed Senior Independent Director with effect from 27 March 2019.
Sir Richard Jewson KCVO JP, Chairman of Tritax Big Box REIT plc, commented: “On behalf of the Board, I would like to thank Jim for his significant contribution to the Company since its IPO in 2013, during which time he has helped oversee its successful growth and continuing progress. The entire Board remains grateful for his counsel and expertise.”
About Tritax Big Box REIT plc
Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets in the UK and is committed to delivering attractive and sustainable returns for shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and pre-let forward funded developments, the Company focuses on well-located, modern “Big Box” logistics assets, typically greater than 500,000 sq ft (measured by floor area, c. 69% of the Company’s existing logistics facilities including forward funded developments are in excess of 500,000 sq ft), let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK. The Company seeks to exploit the significant opportunity in this sub-sector of the UK logistics market owing to strong tenant demand and limited supply of Big Boxes.
For more information : https://tritaxbigbox.co.uk
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