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New Deal


Announced

Tritax EuroBox to acquire two assets in Germany for €291m.

Financials

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Transaction Value£247m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Acquisition

Cross Border

Real Estate

Commercial REITs

Majority

Single Bidder

Germany

Private

Friendly

logistics real estate

Synopsis

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Tritax EuroBox, a closed-ended investment company, agreed to acquire two logistics building assets in Germany for €291m ($341m). These acquisitions align with the company's investment strategy, with a particular focus on achieving its near and long-term ESG targets in owning sustainable buildings, reducing energy and carbon emissions, enhancing biodiversity and creating quality workspaces for occupiers.

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