Tritax Big Box completed the acquisition of the portfolio of logistics assets from Blackstone for £1.04bn.

Tritax Big Box, a provider of critical supply chain infrastructure, completed the acquisition of the portfolio of logistics assets from Blackstone, an alternative asset manager, for £1.04bn. "I am delighted this transaction is now complete and we look forward to integrating this exceptional portfolio into the BBOX platform to deliver attractive EPS accretion for shareholders. This portfolio offers strong rental reversion and numerous asset management opportunities. It also significantly broadens our client proposition across key urban logistics markets and reinforces our leading position in mission critical big boxes; in combination growing our GAV to over £7.9bn," Colin Godfrey, BBOX CEO.