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Tritax forward funds Prologis Screwfix Staffs hub

Tritax Big Box REIT has completed the land purchase and exchanged contracts to provide forward funding for the development of a major distribution facility leased by Prologis to Screwfix Direct at Prologis Park Fradley, Staffordshire.
CoStar News
December 8, 2016 | 1:17 P.M.

Kingfisher owned Screwfix is the UK’s largest multi-channel retailer of trade tools, accessories and hardware products. Tritax said the development represents an investment of £52.7m, reflecting a net initial yield of 5.5%.

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IN THIS ARTICLE


  • Properties
    • DC3

      Wood End Ln, Fradley, STS

News | Tritax forward funds Prologis Screwfix Staffs hub