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Sign in Sign up for a FREE subscriptionTritax Big Box REIT sells U.K. logistics warehouses to Brookfield and Copley Point Capital
Tritax Big Box REIT has sold three U.K. logistics warehouses to Brookfield and Copley Point Capital for £125 million (€142 million/$149 million).
Brookfield is investing through its real estate secondaries business alongside industrial real estate manager Copley Point to recapitalize the fully leased, 1.4 million-square-foot portfolio located across the East Midlands and Northwest markets, specifically in Skelmersdale, Knowsley and Worksop.
Tritax will retain a small minority interest and Copley Point will manage the portfolio.
