TIDMEBOX

Tritax EuroBox PLC

15 January 2021

QuotedData's Real Estate Roundup - January 2021

As part of our commitment to providing free investment research, we have just published our regular monthly update on the listed real estate sector.

Performance - The boost of coming out of the second national lockdown in early December was short lived as Christmas was cancelled for most of the UK with COVID-19 cases spiking. It did little to dampen investor appetite for real estate stocks, however, with the vaccination programme in the UK getting underway.

Valuation moves - There were some big valuation moves reported in December, including Schroder European REIT posting a double-digit rise in NAV.

Corporate activity - Aberdeen Standard Investments bought a 60% stake in logistics specialist fund manager Tritax Management, the manager of Tritax Big Box and Tritax EuroBox.

Major news stories - Portfolio reconstructions continued with both British Land and Land Securities making chunky London office sales.

Read full report here:

https://quoteddata.com/research/quoteddatas-real-estate-roundup-january-2021/

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January 15, 2021 05:24 ET (10:24 GMT)

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