Tritax Big Box REIT expects to report a 15.7% year-on-year rise in net asset value per share at the end of its 2015 financial year.
The logistics warehouse investor said this result was “significantly” ahead of the company’s medium-term target of 9% total return per year.
The board of Tritax Big Box expected to declare a dividend of 3p for the second half of 2015, taking its total dividend for the year to 6p. The company said it had adopted a progressive dividend policy, and was targeting a dividend of 6.2 pence for 2016.
It said it would publish its 2015 results in March.
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