Announced

Aberdeen Standard Investments to invest in Tritax Management.

Synopsis

Aberdeen Standard Investments, a global asset manager, agreed to invest in Tritax Management, a specialist logistics real estate fund manager. Financial terms were not disclosed. "Our growth strategy is built around our clients’ needs and there’s no doubt that our strong capability in private markets, particularly real estate, will be a differentiator for our business. The transaction with Tritax is a compelling strategic fit for our business - it significantly enhances our already strong real estate franchise, in an area of the market which benefits from accelerating trends. It’s a great outcome for us, Tritax and our respective clients," Stephen Bird, Standard Life Aberdeen CEO.

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