Plans for a new rail freight interchange project set to generate up to £406million per annum for uk plc

Tritax Big Box Developments (TBBD) has made a further submission to assist the Secretary of State in making a decision on a Development Consent Order (DCO) application for Hinckley National Rail Freight Interchange (HNRFI), a major strategic rail freight interchange project in Hinckley, Leicestershire. The project, when complete, is projected to generate between £329million and £406million per year in Gross Value Added (GVA) to the UK economy.

Tritax Big Box REIT plc provides an update on its operational performance for the financial year ended 31 December 2024.

Highlights of Tritax Big Box's 2024 FY performance include: - Additional £22.7 million of contracted rent from active management and development lettings - Secured one of UK’s largest 2024 pre-lets - 1 million sq ft to a global leader in e-commerce - £306.2 million of disposals above book value, including £181.2 million of non-strategic assets

Future Space shows improving occupier sentiment, diverse demand drivers and ongoing supply chain evolution

The eighth annual Future Space report was conducted in the final quarter of 2024 by supply chain market analysts Analytiqa on behalf of Tritax Big Box plc, owners of the UK’s largest logistics investment and land development portfolio, and international real estate advisors Savills. It canvases the views of 330 occupiers, institutional investors and developers on the key trends and factors affecting the future of industrial and logistics space over the next 12-24 months and beyond.