LXP Industrial Trust acquired by Brookfield Asset Management and CPP Investments
Brookfield Asset Management and CPP Investments agreed to acquire LXP Industrial Trust, an US industrial real estate brand. FundComb records estimated consideration of USD 5.2bn. Public sources confirm the deal; valuation inputs may include estimates where transaction materials do not disclose the full economics.
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
Price / value
USD 5.2B
Enterprise Value | USD
Basis: Estimated
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.
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