Tritax Big Box REIT plc Appointment of Non-Executive Director (4338Q)
September 12 2017 - 2:01AM
UK Regulatory
TIDMBBOX
RNS Number : 4338Q
Tritax Big Box REIT plc
12 September 2017
12 September 2017
TRITAX BIG BOX REIT PLC
(the "Company")
Appointment of Non-Executive Director and Changes to the
Membership of the Audit Committee
The Board of Directors of Tritax Big Box REIT plc (ticker: BBOX)
is pleased to announce the appointment of Aubrey Adams as a
Non-Executive Director and member of the Audit Committee with
immediate effect. Aubrey will succeed Richard Jewson as member of
the Audit Committee.
Aubrey has almost 40 years' experience at board level in the
real estate industry. He is currently Group Chair of L&Q, the
leading housing association, and non-executive director of British
Land PLC, having spent a large part of his executive career as
Chief Executive of Savills Plc from 1991-2008.
Aubrey's previous non-executive roles have included Senior
Independent Director of Associated British Ports PLC, Chairman of
Air Partner plc and Max Property Group plc. He is also Chair of the
Board of Trustees of Wigmore Hall and was awarded an OBE in the
Queen's Birthday Honours lists 2017 for services to the Arts.
Richard Jewson, Chairman of Tritax Big Box REIT plc, said:
"I am delighted to welcome Aubrey to the Board as a
Non-Executive Director. His significant experience and knowledge of
the real estate industry will greatly benefit the Company and we
are very much looking forward to working with him."
In accordance with the Listing Rules, there is no further
information required to be disclosed pursuant to LR9.6.13R.
For further information, please contact:
Tritax Group via Newgate below
Colin Godfrey (Partner,
Fund Manager)
Newgate (PR Adviser) Tel: 020 7680 6550
James Benjamin Email: tritax@newgatecomms.com
Anna Geffert
Lydia Thompson
Jefferies International Tel: 020 7029 8000
Limited
Gary Gould
Stuart Klein
Akur Limited Tel: 020 7493 3631
Anthony Richardson
Tom Frost
Siobhan Sergeant
NOTES:
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 actively managing existing built
investments, land suitable for Big Box development and pre-let
forward funded developments, the Company focuses on well-located,
modern "Big Box" logistics assets, typically greater than 500,000
sq. ft. (measured by floor area, c.68% of the Company's existing
assets including forward funded developments are in excess of
500,000 sq ft(1) ), 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 supply of Big Boxes.
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
(1) Note: As a 30 June, this figure excludes Howdens II and III
at Wrath Park, Raunds which have exchanged conditionally, subject
to planning.
This information is provided by RNS
The company news service from the London Stock Exchange
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