SEGRO offer for Tritax EuroBox lapses
After SEGRO agreed deal with rival bidder Brookfield to split the Tritax EuroBox portfolio
After SEGRO agreed deal with rival bidder Brookfield to split the Tritax EuroBox portfolio
Harcus Parker called the losses an ‘unjustifiable destruction of shareholder value’
Non-executive chair Steve Smith will step down at PRS REIT’s next AGM, with Robert Naylor and Christopher Mills appointed to the board
Board sets up sub-committee to engage with shareholder group seeking to replace the PRS REIT chair
Mansit Housing CIC is tenant on 4% of the trust’s portfolio
The investment trust sector is increasingly willing to take difficult choices to deliver shareholder value
Lender Scottish Widows revised terms from 5% after Home Reit’s failure to secure refinancing
Trust had total borrowings of £131.8m at the end of May
Noble Tree Foundation is a tenant of 143 of the trust’s properties, making up 7% of its rent roll
Amid takeover interest from NewRiver Reit and Vukile Property Fund Limited
Lawrence Hutchings steps down after seven years at the Reit
Board considering options to reduce its ‘material discount’