REIT said it would let takeover pass after securing European deal with Brookfield
Industrial REIT will no longer pursue a full takeover
Target is now recommending counter-offer from Brookfield
Target switches recommendation, saying Brookfield cash bid has “increased certainty”
Logistics tie-up pitched as “compelling opportunity for shareholders in both companies”
Warehouse investor’s portfolio is valued at €1.5bn
Investor in “regular dialogue” to fix significant discount to NAV
The REIT said cost ratio was now within its target range
A familiar tune as rental income rises by values slump
An acquisition spree in the first half helped boost Tritax Eurobox’s fortunes
Redding has been with Tritax since 2020, and was previously chief investment officer at SEGRO
The REIT deployed around £400m over the six months