Ti Insight has reported that the board of directors of Tritax EuroBox plc, has agreed to sell the company to Canadian investor, Brookfield Asset Management Limited. The acquisition is in cash and values the company at £1,102m.
Brookfield said that the rationale for making the offer was that “the high-quality portfolio of assets that Tritax EuroBox has assembled fits well with its diverse global logistics portfolio which currently covers over 85 million square feet of space."
Source: Ti Insight
