Aberdeen Standard Investments to acquire 60% in Tritax

Aberdeen Standard Investments (ASI) will acquire a 60 percent interest in Tritax, strengthening its combined offering in the growing logistics real estate market.

Tritax is a specialist logistics real estate fund manager with assets under management of approximately £5.1 billion (€5.7 billion/$6.8 billion) throughout the United Kingdom and Europe. It has significant expertise within the logistics sector, from large warehouses occupied by major online retailers through to “last mile”, delivered by its experienced team. Among its mandates, Tritax manages two of Europe’s leading listed industrial logistics funds, Tritax Big Box REIT plc and Tritax EuroBox plc.

The logistics sector represents the intersection of real estate with innovation and advanced technology, such as robotics and AI. The sector has emerged as a dynamic and increasingly critical driver of the U.K. and European economies.

The long-term structural changes across the sector, such as the sh