Acquisition of db Symmetry and Placing and Open Offer by Tritax Big Box REIT Plc

Deal typeCapital Markets & Transaction Services
IndustryReal Estate
Client nameTritax Big Box REIT Plc

BDO acted as reporting accountant on Tritax's £250m placing, open offer and £370m acquisition of db Symmetry.

"As our reporting accountant since our IPO, the BDO team have always displayed professionalism, dedication and attention to detail to ensure that transactions are completed smoothly and to timetable.  This was appreciated on what was a particularly complex transaction. BDO fielded a team that clearly demonstrated their real estate and capital markets transaction expertise, and really supported us and the other advisers throughout the entire process which took a lot of pressure away from our team.  We look forward to working with the BDO team on future transactions."

Frankie Whitehead, Head of Finance, Tritax Big Box REIT plc

"As joint financial adviser to Tritax Big Box REIT plc since its IPO in 2013, we appreciate the experience, knowledge and responsiveness consistently provided by the BDO team. For the recent £250m equity raise and £370m acquisition of DB Symmetry, the Capital Markets group fielded a skilled team who adapted to the complexity of the transaction and helped deliver another successful result for the Company."

Anthony Richardson, Chairman, Akur Capital

"We have worked with Tritax and its advisors since its IPO in 2013, and it is fantastic to see the business continuing to grow from strength to strength.  This is a ground breaking deal for the business and a very positive result. As always, it was a pleasure to be involved in the transaction and work with the team."

Simon Hall, Director BDO LLP