Blackstone in talks about £1bn Tritax Big Box deal

UK's Tritax Big Box to Buy Blackstone's Logistics Assets for $1.4 ...

Blackstone sells £1bn of UK logistics assets to Tritax Big Box

Blackstone is a major player in logistics in Europe as a boom in internet shopping boosts demand for warehouses

Blackstone in talks about £1bn Tritax Big Box deal

The American investment giant is nearing a deal to sell logistics assets to Tritax Big Box Reit which could involve it receiving equity in the London-listed company, Sky News learns.

Tritax Big Box buys £1bn logistics portfolio from Blackstone

London-listed REIT Tritax Big Box has purchased a £1bn logistics portfolio from Blackstone, while the private equity giant announced it is considering a bid for Big Yellow Group. The Tritax transaction includes 32 urban logistics and five big box assets across the South East and the Midlands. Tritax will pay £632m in cash for the assets, while Blackstone will also receive up to £375m of new ordinary shares in the REIT. The shares will be issued …

Blackstone might sell £1B in assets to Tritax Big Box

Blackstone Inc. is in advanced negotiations to sell £1 billion of its logistics assets in the United Kingdom to British real estate investment trust (REIT) Tritax Big Box, Sky News reported on Sunday....