TTBXF - Tritax Big Box REIT: A 4.9% Yield With Amazon As Core Tenant

2024-04-13 11:40:00 ET

Summary

• Tritax Big Box REIT plc's share price is currently trading about 5% higher than last year.
• The REIT's 2023 results showed relatively flat earnings despite increasing interest rates.
• The REIT's conservative LTV ratio and attractive investment pipeline make it an appealing investment option.

Introduction

About a year ago, I published an article on Tritax Big Box REIT plc ( TTBXF ) claiming " the worst is behind us ." I had been warning about this even before real estate assets appeared to be overvalued based on a rapidly increasing interest rate on the financial markets, which traditionally means REITs need to take higher capitalization rates into account....

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