Planning permission received for the development of a new regional distribution centre at Symmetry Park, Biggleswade, pre-let to the Co-op Food GroupRead more
13 September 2016
The Board of Directors of Tritax Big Box REIT plc (ticker: BBOX) is pleased to announce the appointment of Susanne Given as Non-Executive Director and a member of the Audit Committee with immediate effect.
Susanne has served shareholders’ interests in a number of UK public and private companies in senior management positions. She brings more than 20 years’ experience in the retail industry, most recently at SuperGroup Plc where she was Chief Operating Officer for three years from April 2012. Previously, Susanne was Director of Fashion and Beauty at John Lewis Department Store Group, held senior positions at TK Maxx (UK Ireland) from 2005 until 2010, latterly as Managing Director, and was General Merchandise Director at Harrods Ltd.
Susanne is currently Chairman of Made.com, the online designer furniture retailer, and mentor and advisor to Wayra, Telefonica’s Start-up Accelerator. She is an advisor to the Danish Foreign Ministry, Economic Forum, and the Danish Embassy in the UK.
Richard Jewson, Chairman of Tritax Big Box REIT plc, said:
“I am delighted to welcome Susanne to the Board as a Non-Executive Director. Her significant retail industry expertise and wider business knowledge will be of considerable benefit to the Company as well as our tenants and we look forward to working with Susanne.”
For further information, please contact:
Newgate Communications (Financial PR)
Tel: 020 7680 6550
Tritax Big Box REIT plc is the only listed vehicle to give pure exposure to the “Big Box” logistics asset class in the UK and is committed to delivering attractive and sustainable returns for shareholders. Investing in and managing both standing and pre-let forward funded development assets, the Company focuses on well-located, modern “Big Box” logistics assets, typically greater than 500,000 sq. ft., let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK. The Company seeks to exploit the significant opportunity in this sub-sector of the UK logistics market owing to strong tenant demand and limited stock supply.
The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies (“REIT”), is listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.
Further information on Tritax Big Box REIT is available at www.tritaxbigbox.co.uk