UBS Group AG has increased its stake in Tritax EuroBox PLC, surpassing the 8% voting rights threshold. This strategic investment, achieved through a mix of direct shares and financial instruments, signals UBS's confidence in the UK-based company's growth potential.
Segro Plc has agreed to acquire a property portfolio from Tritax EuroBox Plc valued at €470 million ($500 million) following Tritax's takeover by Brookfield Asset Management. This portfolio accounts for approximately 31% of Tritax's total holdings, which are valued at €1.5 billion.
UBS Group AG has increased its stake in Tritax EuroBox PLC to 5.78% as of mid-October 2024. This move highlights UBS's strategic interest in the European logistics real estate market and strengthens its position within Tritax EuroBox’s shareholder structure.
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