Tritax Big Box, a UK-based real estate investment trust, has announced plans to acquire Blackstone’s logistics assets for $1.4 billion. The deal includes 4 million square feet of prime logistics space across four sites in the UK. This acquisition will significantly expand Tritax’s presence in the industrial real estate sector.

Read more at Investing.com: UK’s Tritax Big Box to buy Blackstone’s logistics assets for $1.4 billion