Tritax Big Box Acquires £1.04B in Blackstone Logistics Assets, Gives Stake in Return
Tritax Big Box has struck a major deal to acquire Blackstone’s UK logistics assets for £1.04 billion. In return, Blackstone will take a 9% stake in Tritax, becoming its second-largest shareholder. This move bolsters Tritax’s reach in urban and smaller logistics spaces across the South East and Midlands of England. Analysts say the deal reflects…