Burges Salmon Advises Tritax Big Box on £1.035 Billion Logistics Acquisition from Blackstone

"Burges Salmon has advised Tritax Big Box plc on the real estate aspects of its £1.035 billion acquisition of logistics assets from Blackstone, a major private equity firm. The deal, expected to finalize around October 22, includes £632 million in cash and £375 million in newly issued shares, giving Blackstone an 8.6% stake in Tritax. This acquisition aims to enhance Tritax's urban and small-box logistics capabilities and expand its presence in the UK market. The collaboration between Burges Salmon and Ashurst was highlighted as crucial for the successful execution of this complex transaction."

**Law Firms Involved in the Transaction:** Burges Salmon and Ashurst participated in the transaction, advising Tritax Big Box plc (BBOX) and Blackstone, respectively. **Transaction Overview:** Burges Salmon advised Tritax Big Box plc on the real estate aspects of its acquisition of logistics assets valued at approximately £1.035 billion from Blackstone. The deal, expected to complete around 22 October 2025, includes £632 million in cash and £375 million in newly issued BBOX shares, resulting in Blackstone acquiring an 8.6% ownership stake in BBOX. This acquisition aims to enhance Tritax's urban and small-box logistics offerings and expand its geographical presence across the UK. **Lawyers Involved:** - **Burges Salmon:** - Ross Polkinghorne, Partner (Real Estate) - Will Hall, Partner (Real Estate) - Matt Sims, Partner (Real Estate) - Alexandra Clayton, Director (Real Estate) - **Ashurst:** - Simon Bullock, Partner (Corporate) - Karen Davies, Partner (Corporate)

Burges Salmon Advises Tritax Big Box on £1.035 Billion Logistics Acquisition from Blackstone

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