Big shed specialist increases share offer to £350m as demand is oversubscribed
A £200m fundraising by big shed specialist Tritax has proved such a success that the offer is being increased to £350m.
The REIT, which is behind two of the biggest commercial warehouse schemes in the Midlands, said demand for the shares had been massive, with the original offer being over-subscribed.
In a market update on the offer, Tritax said: “Investor demand has significantly exceeded the targeted size of £200m. The board, after careful consideration with the manager and in consultation with its joint financial adviser... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
