Vanguard Group Reports Ownership in Tritax Big Box REIT and UK Commercial Property REIT

The Vanguard Group, Inc. announced in a Form 8.3 disclosure its substantial holdings in Tritax Big Box REIT plc and dealings with UK Commercial Property REIT Limited. As of April 12, 2024, Vanguard reported owning approximately 5.36% of Tritax Big Box REIT, translating to 102,034,971 shares. Furthermore, Vanguard's form disclosed transactions involving 75,756 shares of Tritax Big Box REIT purchased at a price of 1.50 GBP per unit.

In addition to these dealings with Tritax Big Box REIT, Vanguard also declared its disclosures related to UK Commercial Property REIT Limited. The disclosure aligns with Rule 8.3 of the Takeover Code, which mandates public announcements from parties holding over a 1% interest in relevant securities during takeover bids.

The Form 8.3, a regulatory requirement, helps maintain transparency in securities markets, ensuring that stakeholders are well informed about significant holdings and transactions during takeovers. Vanguard's dealings further emphasize its active position in the UK real estate investment sector.