Brookfield to acquire Tritax EuroBox from Segro for £1.1bn.

Brookfield Asset Management, an alternative asset management company, agreed to acquire Tritax EuroBox, a property company investing in distribution centres across Europe, from Segro, a British property investment and development company based in London, for £1.1bn. "The board of Tritax EuroBox remains intensely focused on delivering value for Tritax EuroBox shareholders. The cash offer from Brookfield represents a premium to the current value of the SEGRO offer and ensures that Tritax EuroBox shareholders will benefit from a significant uplift over the undisturbed value of their investment with flexibility to reinvest as they see fit," Robert Orr, Tritax EuroBox Chair.