Tritax EuroBox launches £300m IPO

Tritax EuroBox is looking to raise £300m through an initial public offering for a portfolio focused on European real estate.

It said it has identified a €1.8bn pipeline of assets around Europe, with seven assets worth in excess of €600m in advanced negotiations.

Tritax Big Box REIT’s investment manager, Tritax Management, will be the company’s alternative investment fund manager, though it will have a fund management team distinct from Tritax and a separate board chaired by Robert Orr.

Jefferies International and Kempen are acting as joint coordinators, bookrunners and advisers.

The company said it will