Ashurst is advising Jefferies International Limited and Akur Limited on the proposed IPO of Tritax Big Box REIT plc (the "Company"). The Company, which will be managed by Tritax Management LLP and Tritax Securities LLP, is seeking to raise up to £200m by way of a placing and offer for subscription of ordinary shares.

Applications will be made to the London Stock Exchange and the Channel Islands Stock Exchange ("CISX") for all of the Company's shares to be admitted to trading on the Specialist Fund Market of the London Stock Exchange and listed on the Official List of the CISX. The Company intends to become a UK real estate investment trust ("REIT") and to invest the net proceeds of its IPO in a portfolio of "Big Box" logistics assets.

The Ashurst team is being led by corporate partner Jonathan Parry, assisted by senior associate Simon Bullock, and associates Claire Broom and Marianna Kennedy. Partner Jennifer Schneck is advising on US aspects of the transaction, supported by senior associate Jeffrey Johnson. Corporate counsel Caroline Chambers is also assisting.