Parties
Company
SEGRO plc
Company
Tritax EuroBox plc
Company
Brookfield Asset Management Ltd.
On November 12, 2024, Segro agreed to buy six Tritax EuroBox properties in Germany and the Netherlands for €470 million ($499.1 million) from Brookfield Asset Management Ltd. The deal is conditional on Brookfield completing its €1.1 billion acquisition of Tritax EuroBox. This purchase supports Segro’s expansion in European logistics, a sector seeing strong demand due to e-commerce growth.
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date