Tritax EuroBox sells multi-tenant warehouse in Bochum for €46.8m.

The 'pan-European real estate investor near valuation underscores the liquidity of assets in our portfolio and demonstrates continued investor interest in quality logistics assets. We have already identified additional assets for sale and remain confident of achieving our leverage target in the lower 40 percent over the next six to 12 months," she added.

The share price of Tritax EuroBox on the London Stock Exchange was down 0.1 percent at 55.23 pence per share at the time of writing. Tritax EuroBox said Tuesday that it has leased a two-unit asset in Settimo Torinese, Italy.

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It indicated that the lease term is for six years and relates to the second unit in its 28,287-square' two-block complex'meters in Settimo Torinese, which is located about 14 kilometers from Turin. The agreement was signed with the same unnamed Italian logistics provider that signed a lease for another unit in August 2023. The lease includes a six-year renewal option and annual revisions for inflation.