Tritax Big Box REIT Merger UK Commercial Property REIT 2024

Presentation outlines the proposed combination of Tritax Big Box REIT with UK Commercial Property REIT to create a complementary logistics-focused portfolio with enhanced scale and investment firepower. The merger aims to deliver immediate cost savings of £4m annually, significant rental growth potential, and improved capital efficiency through asset recycling into development opportunities targeting 6-8% yield on cost.