By Iain Gilbert
Date: Monday 30 Jun 2025
(Sharecast News) - Real estate investment trust Tritax Big Box said on Monday that it has the potential to grow adjusted earnings by 50% before the end of 2030.
Tritax Big Box said potential growth was supported by its three key growth drivers - "record" rental reversion within its investment portfolio of both big box and urban logistics assets, its "significant" logistics development pipeline, and "exceptional" returns from large-scale pre-let data centre opportunities.
The FTSE 250-listed business also said growth was underpinned by its "efficient" cost structure, "strong" balance sheet and "limited and gradual" increases in financing costs.
Chief executive Colin Godfrey said: "With record rental reversion, an attractive logistics development pipeline and, thanks to our innovative power-first approach, the potential for major data centres, it is both the breadth and scale of our opportunity which is unique in UK real estate.
"These factors combine to give us the ability to grow adjusted earnings by 50% by the end of 2030 and deliver superior risk-adjusted returns to shareholders."
As of 0815 BST, Tritax shares were up 1.08% at 149.70p.
Reporting by Iain Gilbert at Sharecast.com
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