“This has been an exceptional year for the Company, marked by significant transformational change alongside strong operational performance. The acquisition of UKCM has complemented our portfolio with high-quality urban logistics assets offering substantial rental reversion potential. The quality and liquidity of UKCM’s assets is further demonstrated by our ability to sell non-strategic assets above their December 2023 valuations, unlocking additional capital to fund future growth. Operationally, the Manager has captured significant rental income through proactive asset management and development activities, including securing one of the year’s largest pre-lets. 

“We enter 2025 well positioned with three powerful growth drivers in our business: capturing record rental reversion, advancing our highly attractive logistics development pipeline, and leveraging opportunities to develop data centres with the potential for exceptional returns.” 

Aubey Adams, OBE, FCA, FRICS
Independent Chairman

31 December 2024

Watch a replay of the 2024 FY Results webcast

Tritax Big Box REIT announced its Full Year results for the twelve months ended 31 December 2024. A Company presentation for analysts and investors was webcast at 08:00 GMT. View a recording here.

Financial results archive