Tritax EuroBox PLC Annual Overview from QuotedData
2023年7月13日 - 1:20AM
RNSニュース (英語)
TIDMEBOX
Tritax EuroBox PLC
12 July 2023
Tritax EuroBox - Annual Overview from QuotedData
12(th) July 2023
Optimism returns
The rapid readjustment of valuations in the European logistics
sector has encouraged investors seeking quality assets to return to
the market, bringing optimism to Tritax EuroBox's (EBOX's) manager
that values are stabilising. The company's portfolio yield moved
out 70 basis points (bps - equivalent of 0.7%) in the six months to
31 March 2023, but the worst of the declines seem to be over.
Operationally, the company is in good shape to take advantage of
a strong demand and supply dynamic, having recorded an uplift in
annual rent of 5.8% in the six months to March 2023 (10.4% over 12
months). It has recently let a completed development in Germany
above estimated rental value (ERV) and pre-let an extension to an
existing building. Additional development completions, extensions
and inflation-linked uplifts are still to come.
Growth in income and operational savings have meant that the
company has been able to fully cover its dividend with earnings for
the past three quarters. Going forward, the manager expects
earnings to continue to cover the dividend, which represents an
8.4% dividend yield on the current share price.
Full Research:
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END
NRAEAKXAFFXDEFA
(END) Dow Jones Newswires
July 12, 2023 12:20 ET (16:20 GMT)
Tritax Eurobox (LSE:EBOX)
過去 株価チャート
から 4 2024 まで 5 2024
Tritax Eurobox (LSE:EBOX)
過去 株価チャート
から 5 2023 まで 5 2024