Investment manager Tritax Group’s AUM has surpassed the £5bn milestone across its three flagship funds.
According to Tritax, this has made it the largest investor in UK logistics real estate, while also controlling the biggest logistics-focused land development platform.
Tritax now manages some 43m sq ft of real estate across its three funds: Tritax Big Box REIT, Tritax EuroBox and Tritax Property Income Fund.
The group has also appointed five of its team to its partnership: Frankie Whitehead, finance director at Tritax Big Box; Charlie Withers, development director at Tritax Big Box REIT; Nick Preston, fund manager of Tritax Eurobox; Tim Legge, fund manager at Tritax Property Income Fund; and James Watson, fund manager.
The firm has also made hires across its investment management, research and data analytics and sustainability and investor relations teams.
Henry Franklin, partner of Tritax, said: “Looking forward, the market for industrial logistics real estate assets continues to strengthen and we are investing in our people and research and data analytics capabilities to seize this growing opportunity.”
He added: “In addition to investing in our people, our investment is placing research and data at the centre of our operations. This gives us significant insight into our market and the assets within it, enabling improved decision-making and creating meaningful competitive advantage to enhance returns for our investors.”
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