Tritax Symmetry was formed following the acquisition of db symmetry in February 2019 by Tritax Big Box REIT plc, a FTSE 250 company.
Our experienced development team has been involved in some of the most dynamic and successful speculative and occupier-led development schemes throughout the United Kingdom. With an existing portfolio of both ‘ready to go’ consented land that can accommodate individual buildings in excess of 1m sq ft and a significant strategic land portfolio, at Tritax Symmetry we have the expertise, track record, the sites and the in-house funding to deliver high quality buildings for our customers.
Tritax Big Box REIT acquired an 87% stake in db symmetry in February 2019. The purchase price of £370m was part funded by a £250m placement of new shares. The senior management of db symmetry have retained a 13% stake.
db symmetry was originally formed in 2014 as a UK joint venture through the purchase of a 60% holding in Barwood Developments Limited (founded in 1996) by clients advised by Delancey - a specialist real estate investment, development and advisory company.
Tritax Symmetry has a land portfolio comprising 4,150 acres, capable of accommodating over 40 million sq ft of B8 logistics space.
The portfolio is extremely well located, concentrated around the main motorway arteries of the UK and primarily around the ‘Golden Triangle’ of the M1 and M40 and the North West’s prime M6 and M62 corridors.
Tritax Symmetry has a diverse speculative development programme with buildings up to 270,000 sq ft. All new buildings are net zero carbon in construction, built to an institutional specification that includes roof mounted PV’s and can be fitted out to meet occupiers’ individual requirements.
Grange Park Roman Way Northampton
Tel: 01604 330630
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