Aberdeen is to become the sole owner of UK logistics manager Tritax Management by increasing its 60% stake through a phased acquisition process expected to be completed in 2029.
Aberdeen, which acquired its initial 60% interest in Tritax in 2022, has agreed to increase its stake to 80% in April 2026, and to 100% in 2029.
Since the original investment by Aberdeen, Tritax has grown its assets under management (AUM) from £5.1 billion (€5.8 billion) to approximately £9 billion, with revenue increasing at 13% per annum over the last four years.
Source: realassets.ipe.com on the 29th of October