SEGRO acquires €470M logistics assets from Tritax EuroBox, post-Brookfield takeover bid.

SEGRO has decided not to improve its offer for Tritax EuroBox and expects the scheme to lapse on November 15. Meanwhile, SEGRO is acquiring a significant portion of Tritax EuroBox's assets, valued at £390 million, strengthening its position in European logistics real estate. This move follows Brookfield's successful bid to acquire Tritax EuroBox, with SEGRO now purchasing a portfolio of six assets valued at €470 million from Brookfield.

November 12, 2024
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