Occupied Buildings

This asset was acquired with the view that there was a strong possibility of negotiating a lease extension with Kellogg’s.

In March 2018, two years after its acquisition, a 10-year lease extension was completed with Kellogg’s, repositioning this asset from Value Add to Foundation. As part of the lease re-gear the rent was increased by 20% pa.

Steven Bell

Steven Bell

Property Manager, Tritax Big Box REIT

steven.bell@tritax.co.uk +44 (0)20 8051 5084
Martin Shaw

Martin Shaw

Assistant Fund Manager, Tritax Big Box REIT

martin.shaw@tritax.co.uk +44 (0)20 7290 1616

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