Aberdeen Group has reached agreement to increase its interest in Tritax Management.
After the initial acquisition of a 60 percent interest in Tritax in 2022, Aberdeen will increase its stake to 80 percent in April 2026 and to 100 percent in 2029, with Tritax maintaining its specialist, boutique offer. This phased approach ensures continuity and alignment between Aberdeen and Tritax, supporting ongoing delivery of the long-term strategy for Tritax, and its listed and private products. A number of new partners of Tritax Management also are being appointed to prepare for a smooth succession.
Since the original investment by Aberdeen, Tritax has grown its assets under management (AUM) from £5.1 billion ($6.8 billion) to approximately £9 billion ($12 billion), with revenue increasing at 13 percent per annum over the last four years, reflecting strong performance and sector momentum. The logistics real estate market continues to demonstrate structural resilience, and logis