Taylor Wessing has represented Tritax Big Box REIT plc on its recent placing, open offer and offer for subscription, raising £200 million in total, with demand significantly in excess of that amount. Jefferies International Limited represented Tritax as Sponsor, Sole Global Co-ordinator, Bookrunner and also as joint financial adviser with Akur Limited. Goodwin Procter acted as US counsel to Tritax.

The team was led by client relationship partner William Belcher, with support from Katie Bennett, James Homan and Joe Davis.

Taylor Wessing advised Tritax on its IPO in 2013 and all subsequent equity issuances, raising £910 million in total, together with 24 acquisitions and a group debt refinancing of £500 million in 2015.

Tritax Big Box REIT is a Real Estate Investment Trust investing in “Big Box” distribution centres. It is listed on the London Stock Exchange and a constituent of the FTSE 250 Index, with a net asset value of approximately £1 billion.