Confirmed Control Announced Transaction verified Industrial Real EstateInfrastructureLogistics Real EstateREITWarehouse Real Estate
LXP Industrial Trust acquired by Brookfield Asset Management and CPP Investments
Brookfield Asset Management and CPP Investments agreed to acquire LXP Industrial Trust, a US industrial real estate brand.
Transaction summary
- Target
- LXP Industrial Trust
- Acquirer
- Brookfield Asset Management and CPP Investments
- Seller
- -
- Announced
- -
- Geography
- United States
- Tags
- Industrial Real EstateInfrastructureLogistics Real EstateREITWarehouse Real Estate
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-08-08
- Latest update
- 2026-08-08
Value and multiples
100% enterprise value
USD 5.2B
100% enterprise value | USD
Basis: Estimated
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
EV / revenue
-
Period not stated
Basis: FundComb estimate
EV / EBITDA
-
EBITDA basis not stated
Basis: FundComb estimate
Basis
- USD 5.2bn enterprise value is a FundComb estimate. Public sources reviewed confirm the transaction, but do not independently disclose every valuation input.
- Valuation covers 100% of the target; the amount invested or paid for a stake is separate.
Source summary
Brookfield and CPP Investments to Acquire LXP Industrial Trust in $5.2 Billion All-Cash Transaction
ConfirmedLXP announced a definitive merger agreement under which Brookfield and CPP Investments will acquire the industrial REIT in an approximately $5.2 billion all-cash transaction, including net debt and preferred equity.
Open source