£198m fundraise by Tritax EuroBox plc

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.IndustryManufacturing & Real Estate
BDO.LiveSite.Deals.SubIndustryTransport & Logistics
BDO.LiveSite.Deals.ClientNameTritax Eurobox Plc

BDO acted as reporting accountant for Tritax EuroBox plc's £198m premium list fundraise.

Tritax EuroBox plc is a Premium Listed investor and manager of large Continental European logistics real estate assets.

On 5th March 2021 the Company anounced the results of its placing, open offer, offer for subscription and intermederiaries offer in which it raised £198.4m, significantly exceding its £173m target.

“BDO performed well and were efficient and pragmatic in their work. They understood the underlying commercial aspects of our business, which meant they could focus their work on items that actually matter and are relevant to our prospectus.”

Mehdi Bourassi, Finance Director

"We have enjoyed a long relationship with Tritax and, as always, it was a pleasure to work with the team and its advisors, and contribute to such a successful fundraise. There is huge demand for logistics at the moment, and this fundraise will hopefully see the business capitalise on this demand and continue to grow from strength to strength."

Simon Hall, Director, BDO