AcquisitionJul 20, 2026Pending
🇺🇸 United States
LILXP Industrial TrustBABrookfield Asset Management and CPP Investments
Real Estate › REITs
Enterprise value$5.2BEnterprise value
AnnouncedJul 20, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderUnknown
Contingent paymentNo
Overview
Brookfield and CPP Investments agreed to acquire LXP Industrial Trust in an all-cash merger at $61.20 per share, valued at about $5.2 billion including net debt and preferred equity.
Deal rationale
The buyers see LXP's modern warehouse and logistics portfolio as high-quality real estate with durable cash flows and long-term industrial demand drivers.
AI-generated from the SEC filingPendingReal Estate › REITsUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $5.2B | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
CCitiMSMorgan Stanley
Sell-side
BOBank of AmericaJPJ.P. Morgan
Parties
Acquirer
BABrookfield Asset Management and CPP Investments
- Headquarters
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- Ticker
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