Grafico Azioni Tritax Eurobox (LSE:BOXE)
1 Anno : Da Gen 2019 a Gen 2020
RNS Number : 3401R
Tritax EuroBox PLC
28 February 2019
28 February 2019
Tritax EuroBox plc
NOTICE OF RESULTS
Tritax EuroBox plc (tickers: EBOX (Sterling), BOXE (Euro)), which invests in Continental European logistics real estate assets, will announce its results for the period from 1 July 2018 to 31 December 2018 on Thursday, 28 March 2019.
A Company presentation for analysts and investors will be held at 8.45am on the day at the offices of Maitland, Havas Building, 3 Pancras Square, London, N1C 4AG. The presentation will also be accessible via a live conference call and on-demand via the Company website: https://www.tritaxeurobox.co.uk/investors/.
Those wishing to attend the presentation or access the live conference call are kindly asked to contact Maitland on email@example.com or by telephone on +44 (0) 20 7379 5151.
FOR FURTHER INFORMATION, PLEASE CONTACT:
James Dunlop +44 (0) 20 7290 1616
Jefferies International Limited
Stuart Klein +44 (0) 20 7029 8000
Kempen & Co N.V.
Thomas ten Hoedt +31 (0) 20 348 8500
Maitland/AMO (Communications Adviser) +44 (0) 20 7379 5151
James Benjamin firstname.lastname@example.org
Tritax EuroBox plc invests and manages a well-diversified portfolio of well-located Continental European logistics real estate assets that are expected to deliver an attractive capital return and secure income to shareholders. These assets fulfil key roles in the logistics and distribution supply-chain focused on the most established logistics markets and on the major population centres across core Continental European countries.
Occupier demand for Continental European logistics assets is in the midst of a major long-term structural change principally driven by the growth of e-commerce. This is evidenced by technological advancements, increased automation and supply-chain optimisation, set against a backdrop of resurgent economic growth across much of Continental Europe.
The Company's Manager, Tritax Management LLP, has assembled a full-service European logistics asset management capability including specialist "on the ground" asset and property managers with strong market standings in the Continental European logistics sector. The appointed asset managers Logistics Capital Partners ("LCP") and Dietz AG ("Dietz") are logistics specialists and offer the Company exposure to high quality asset management expertise and access to their respective development pipelines, providing acquisition opportunities across Continental Europe.
The Company is targeting, on a fully invested and geared basis, an initial Ordinary Share dividend yield of 4.75% p.a.(1) , which is expected to increase progressively through regular indexation events inherent in underlying lease agreements, and a total return on the Ordinary Shares of 9.0% p.a.(1) over the medium-term. The Company intends to pay dividends on a quarterly basis with shareholders able to receive dividends in Sterling or Euro.
Further information on Tritax EuroBox plc is available at www.tritaxeurobox.co.uk
1. Euro denominated returns, by reference to IPO issue price. These are targets only and not profit forecasts. There can be no assurances that these targets will be met and they should not be taken as indications of the Company's expected or actual future results.
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(END) Dow Jones Newswires
February 28, 2019 02:03 ET (07:03 GMT)