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Recycling assets to capitalise on value-add opportunities
Tritax EuroBox plc (“Tritax EuroBox” or the “Company”) announces that it has agreed the sale of its asset in Lodz, Poland for €65.5 million, 15% above its most recent valuation at 30 September 2020 and, based on the Company’s target gearing of 45%, delivering an attractive geared IRR of 16.5% to shareholders, above the Company’s long term target of 9% total return per annum.
Your capital is at risk. See individual fund pages for further details.