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Real Estate

UK's Tritax Big Box REIT Raises £350M In Oversubscribed Placing

by posted 1year ago 378 views
<p>The issue exceeded its initial &pound;200m target size, with backing from existing and new investors, according to&nbsp;Richard Jewson, non-executive chairman.</p> <p>The London-based real estate investment trust (REIT), which holds&nbsp;a 18.2m&nbsp;sqft portfolio of UK logistics assets, said proceeds from the issue will be used to acquire more properties.</p>

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