Tritax Big Box to acquire a 9% interest in the portfolio of logistics assets from Blackstone for £1.035bn.

Tritax Big Box, a provider of critical supply chain infrastructure, agreed to acquire a 9% interest in the portfolio of logistics assets from Blackstone, an alternative asset manager, for £1.035bn. "Aligned with our strategic objectives, this exceptional 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.