Segro to acquire six Tritax EuroBox properties in €470 million deal with Brookfield

Company

SEGRO plc

Law Firm / Organization
Slaughter and May

Company

Tritax EuroBox plc

Law Firm / Organization
Ashurst LLP

Company

Brookfield Asset Management Ltd.

Law Firm / Organization
DLA Piper
Law Firm / Organization
Kirkland & Ellis LLP

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.

Merger & Acquisition
Other
Undisclosed/Confidential
Active