Back
News

Brookfield weighs cash offer for Tritax Eurobox

Brookfield Asset Management has said it is in the “early stages” of assessing a cash offer for Tritax Eurobox.

In a stock market update after close, Tritax Eurobox said the investment firm is considering whether to make an offer for the entire issued share capital of the company.

The FTSE 250 warehouse investor said it had not yet received a proposal from Brookfield.

Brookfield has until 1 July to set out its decision.

Tritax Eurobox’s portfolio value stood at €1.5bn (£1.3bn) at the end of March this year.

Send feedback to Pui-Guan Man

Follow Estates Gazette

Up next…