27th Jul 2026 09:39
Tritax Big Box REIT PLC - London-based real estate investment trust focused on logistics properties in the UK and managed by Tritax Management - Six-week judicial review of the planning consent for the Manor Farm data centre development concludes successfully, Tritax says, allowing the company to move ahead on the 74-acre site in the 'Slough availability zone', near Heathrow airport. In addition to the planning consent, Tritax says it has secured an "accelerated pathway to power delivery", without providing specifics, saying this is a key differentiator for the 100 megawatt project, since power supply is a major constraint to data centre development. Once operational, the data centre is expected to provide a 9.3% yield on cost, the company says.
Current stock price: 172.90 pence, up 1.2% in London early Monday
12-month change: up 21%
By Tom Waite, Alliance News editor
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