TRITAX BIG BOX REIT PLC

1. TRITAX BIG BOX REIT PLC 2013-10-11 → present
2. TRITAX REIT PLC 2012-09-27 → 2013-10-11
3. TRITAX INCOME REAL ESTATE INVESTMENT TRUST PLC 2012-09-14 → 2012-09-27

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have performed an assessment of the going concern assumption of the Group and the Company for a period of at least 12 months from the date of the approval of the Annual Report. The Board is therefore of the opinion that the going concern basis adopted in the preparation of the Annual Report is appropriate.”

Group structure

1. TRITAX BIG BOX REIT PLC · parent
   1. TBBR Holdings 1 Limited 100% · Jersey · Property investment
   2. Beluga Properties Limited 100% · Isle of Man · Property investment
   3. Tritax Acquisition 2 Limited 100% · Jersey · Property investment
   4. Tritax Acquisition 49 Limited 100% · Jersey · Property investment
   5. The Sherborne RDC Unit Trust 100% · Jersey · Property investment

Significant events

• “a new 15-year agreement for leases with a leading UK brewer at the Stakehill asset formerly occupied by Tesco, where we achieved vacant possession upon lease expiry in December 2023. The agreement for lease has been signed with a rental reversion of 38.1% against the passing rent at the point of Tesco vacation, reflecting the asset management team’s initiatives, which generated £8.50 per sq ft additional income to us through a power purchase agreement; a five-year lease extension at L’Oreal, Trafford Park, Manchester, delivering additional rental income of £8.50 per sq ft; a reversionary lease renewal for a 15-year term with Next on the Slough asset delivering significant value add prior to the asset’s disposal (see above). Across our urban logistics assets we completed 32 lease events delivering a total of 8.8 million in additional contracted rental uplifts through rent reviews and asset management where the Group’s physical property management team, successfully implemented 43 development related income projects.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +26.5%

  £222,200,000 → £281,100,000

• Cash

  +121.4%

  £36,400,000 → £80,600,000

• Net assets

  +37%

  £3,334,000,000 → £4,567,400,000

• Employees

  —

  Not reported

• Operating profit

  +37.3%

  £193,200,000 → £265,300,000

• Profit before tax

  +531.4%

  £70,600,000 → £445,800,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers