Brookfield Asset Management (BAM) and CPP Investments agreed to acquire LXP Industrial Trust in an all-cash transaction valued at about $5.20B, including debt and preferred equity. The deal structure and size are likely supportive for LXP’s equity risk profile and could move the REIT/industrial real estate complex as terms are digested.
Brookfield Asset Management (BAM) and CPP Investments agreed to acquire LXP Industrial Trust in an all-cash transaction valued at about $5.20B, including debt and preferred equity. The deal structure and size are likely supportive for LXP’s equity risk profile and could move the REIT/industrial real estate complex as terms are digested.
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialOverall Sentiment
mildly positive
Sentiment Score
0.25
Ticker Sentiment
