Tritax EuroBox Sells Swedish Asset Amid Strategy Shift
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Tritax EuroBox Sells Swedish Asset Amid Strategy Shift

Tritax Eurobox Plc (GB:EBOX) has released an update.

Tritax EuroBox PLC has announced the sale of its logistics property in Gothenburg, Sweden for SEK 385 million, which aligns with its strategy to reduce debt and improve balance sheet metrics. The transaction is part of a larger disposal program that has generated approximately €173 million in the past year, aimed at lowering loan-to-value ratios and funding portfolio investments. This marks the company’s second successful asset sale in Sweden, highlighting the strength and appeal of its high-quality logistics real estate portfolio to investors.

For further insights into GB:EBOX stock, check out TipRanks’ Stock Analysis page.

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