The rapid readjustment of valuations in the European logistics sector has encouraged investors seeking quality assets to return to the market, bringing optimism to Tritax EuroBox’s (EBOX’s) manager that values are stabilising. The company’s portfolio yield moved out 70bps in the six months to 31 March 2023, but the worst of the declines seem to be over.
Operationally, the company is in good shape to take advantage of a strong demand and supply dynamic, having recorded an uplift in annual rent o ....


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Tritax Eurobox – Optimism returns
- Published:
12 Jul 2023 -
Author:
Matthew Read | Richard Williams -
Pages:
31 -
The rapid readjustment of valuations in the European logistics sector has encouraged investors seeking quality assets to return to the market, bringing optimism to Tritax EuroBox’s (EBOX’s) manager that values are stabilising. The company’s portfolio yield moved out 70bps in the six months to 31 March 2023, but the worst of the declines seem to be over.
Operationally, the company is in good shape to take advantage of a strong demand and supply dynamic, having recorded an uplift in annual rent o ....