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Tritax Big Box REIT ( (GB:BBOX) ) just unveiled an update.
Tritax Big Box REIT has updated the timetable for its proposed data centre development at Manor Farm, following new guidance from the Ministry of Housing Communities and Local Government that a planning decision is now expected on or before 9 June 2026. As a result, the company has pushed back its anticipated practical completion date for the facility to between October 2027 and March 2028, with income to be recognised once the building completes.
Despite the delay, Tritax Big Box says it still expects to book development profits from Manor Farm in 2026, assuming a successful planning outcome and a pre-let is secured. The board reiterated its confidence in the long-term strategic and financial merits of the project, highlighting its role in delivering critical national data centre infrastructure for the UK and its importance to the company’s ambition to grow adjusted earnings by 50% by 2030.
The most recent analyst rating on (GB:BBOX) stock is a Buy with a £190.00 price target. To see the full list of analyst forecasts on Tritax Big Box REIT stock, see the GB:BBOX Stock Forecast page.
Spark’s Take on BBOX Stock
According to Spark, TipRanks’ AI Analyst, BBOX is a Outperform.
The score is driven primarily by solid financial performance but tempered by weak 2025 free-cash-flow conversion and rising debt. Technicals are supportive with a clear uptrend, valuation looks attractive (low-teens P/E and ~4.6% yield), and the latest earnings call adds confidence via visible pipeline and capital discipline, albeit with execution and near-term income normalization risks.
To see Spark’s full report on BBOX stock, click here.
More about Tritax Big Box REIT
Tritax Big Box REIT plc is the UK’s largest listed investor in high-quality logistics warehouse assets and controls the country’s biggest logistics-focused land platform. The FTSE 250 real estate investment trust targets sustainable returns by investing in and developing modern, well-located logistics properties let on long-term leases to institutional-grade tenants, and it is expanding into large-scale, power-intensive data centre developments across the UK.
Average Trading Volume: 8,896,395
Technical Sentiment Signal: Buy
Current Market Cap: £4.1B
For an in-depth examination of BBOX stock, go to TipRanks’ Overview page.