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Tritax

  • Segro backs down from Tritax bidding war amid asset buying spree

    Investing

    Segro has failed to up its offer for a takeover of Tritax Eurobox despite being outbid by Brookfield, leaving the latter victorious in the bidding war. Despite failing to successfully take over the real estate investment trust, Segro said today that it had bought about a third of Tritax Eurobox’s assets for 470m euros (£389m). [...]

    Segro has bought about a third of Tritax Eurobox's portfolio.
  • Brookfield Asset Management mulls Tritax Eurobox takeover

    property

    Another real estate investment trust could be about to disappear from the market as a Canadian investment firm chaired by former Bank of England governor Mark Carney is mulling whether to make an offer.

    FTSE 250 member Tritax Eurobox, which invests in logistics assets in Europe, is currently being targeted by Brookfield Asset Management.

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