FTSE 250 Tritax Eurobox with £557M buyout offer from private equity group
- Marcel Shackleton
- Oct 10, 2024
- 1 min read

A Tritas warehouse under construction in Dartford, UK. Picture: Bloomberg
Tritas Eurobox, on the FTSE 250, has recommended the £557 million all-cash offer from Canadian Private Capital Group Brookfield, who outbid Segro in the race to acquire the firm.
The board said Brookfield’s offer represented “an attractive premium for … shareholders over the terms of the Segro offer.
Tritas is the owner of logistics properties which have become one of the most attractive parts of the commercial real estate sector.
Segro is the UK’s largest listed landlord and has been duelling Brookfield for acquisition of Tritas with a newly-raised £900 million in freshly-raised capital set aside for buying opportunities, as the commercial property sector starts to move again, particularly in warehouse and logistics sites.
Warehouse prices suffered the least in the sector since 2022 and are recovering faster.
Last month private equity giant Blackstone acquired a warehousing portfolio for €1 billion.
Source:ft.com

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