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Tritax Bags Two German Industrial Assets for €290.9M

Combined Annual Rental Income Amounts to €11.38m, Reflecting a Combined Net Initial Yield of 3.9%
Tritax EuroBox has agreed the purchase of two logistics assets in Germany. (Tritax)
Tritax EuroBox has agreed the purchase of two logistics assets in Germany. (Tritax)

Tritax EuroBox plc has announced that it has agreed the purchase of two assets in Germany for a total consideration of €290.9m excluding acquisition costs. The two transactions are structured as share deals, and the combined rental income amounts to €11.38m per year, reflecting a combined net initial yield of 3.9%.

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