ASI buys 60% stake in real estate specialist manager Tritax

Tritax management team remains unchanged

Lauren Mason
clock • 3 min read

Aberdeen Standard Investments (ASI) is set to acquire a 60% stake in fund manager Tritax, in a move Tritax believes will "strengthen the combined offering in the growing logistics real estate market".

Tritax is a specialist logistics real estate fund manager with AUM of approximately £5.1bn throughout the UK and Europe, including Tritax Big Box REIT and Tritax EuroBox plc. The group's investment teams will continue to service their existing mandates following the deal, retaining autonomy and control over decision making. The purchase, which is part of ASI's bid to provide further "deep sector specialism" for its clients, means Tritax's management team - including CEO Colin Godfrey and finance director Frankie Whitehead - will remain unchanged, and will head up ASI Real Estate's global...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Property Investment

Majority of advisers set to increase real estate allocation

Majority of advisers set to increase real estate allocation

To de-risk portfolios through diversification and increase ESG focus

Isabel Baxter
clock 30 January 2024 • 1 min read
Peer-to-peer market grows as advisers seek further diversification

Peer-to-peer market grows as advisers seek further diversification

Exploring Defaqto data on peer-to-peer market

Darren Winfield
clock 22 September 2023 • 4 min read
Will there be a soft landing for the UK housing market?

Will there be a soft landing for the UK housing market?

Cutting through UK housing market crash noise

Katie Poulson and Robin Ghosh
clock 27 July 2023 • 5 min read