Tritax Big Box REIT annual profit soars on higher rental income | 10 March 2021
10 March 2021 | 09:46am StockMarketWire.com - Logistics real estate investor Tritax Big Box REIT reported a jump in annual profit on higher renal income. For the 12 months from 1 January to 31 December 2020, pre-tax profit jumped to £449.5 million from £141.2 million year-on-year. Net rental income was up 11.9% to £161.5 million year-on-year and the total portfolio value grew to £4.41 billion from £3.94 billion. The Q4 dividend declared of 1.7125p, takin the FY 2020 dividend to 6.40 pence a share, down from 6.85 pence. 'In 2021, 37% of the group's rent roll is up for review, giving us...
Source: stockmarketwire.com