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TRITAX EUROBOX Half year results for six months to 31 March 2021 Released : 18/05/2021 07:00:00 RNS Number : 9176Y Tritax EuroBox PLC 18 May 2021 18 May 2021 Tritax EuroBox plc ( ticker : EBOX ( Sterling ) and BOXE ( Euro ) ) , which invests in a high - quality portfolio of very large , prime logistics real estate assets strategically located across continental Europe , is today reporting its results for the six months ended 31 March 2021 . Financial performance 31 March 2021 30 September 2020 As at Portfolio value IFRS NAV per share Loan to value ( " LTV " ) ² ratio Six months to Dividend per share Profit before tax Basic earnings per share ( " EPS " ) ³ Adjusted EPS3 Tritax EuroBox plc ( the " Company " ) RESULTS FOR THE SIX MONTHS ENDED 31 MARCH 2021 € 841.6m € 1.22 25.0 % 31 March 2021 2.50 cents € 41.2m 7.32 cents 2.30 cents € 837.9m € 1.19 39.9 % 31 March 2020 2.20 cents € 27.8m 5.32 cents 2.25 cents ● Increase / ( decrease ) 0.45 % 1 14.9 pts Financial highlights : strong performance and growing dividend Dividends declared in respect of the period of 2.50 cents per share , up 13.6 % ( H1 2020 : 2.20 cents ) Raised gross proceeds of € 230 million , through a significantly oversubscribed equity issue Received a Fitch BBB- investment grade credit rating in March 2021 , immediately reducing our cost of debt and opening up new sources of debt financing Acquired one prime logistics asset in Nivelles , Belgium , for € 31.2 million Extracted value from the portfolio , including : 13.6 % 48.2 % 37.6 % 2.2 % Portfolio independently valued at € 843.4 million at the period end ( 30 September 2020 : € 839.3 million ) , a like - for - like increase of 3.4 % 100 % of rent due for the period collected , with rent deferred from the 2019/20 financial year being collected as per agreed schedule Debt of € 260.0 million at the period end , giving an LTV ratio of 25.0 % ( 30 September 2020 : € 344.0 million and 39.9 % ) Operational highlights : Further strategic progress Disposing of the asset at Lodz , Poland , for € 65.5 million , 15 % above valuation Progressing the expansion opportunity at the Barcelona asset let to Mango and beginning construction on the development plot at Bornem , Belgium Signed a green lease with Samsung on the vacancy at Breda , Netherlands