Brookfield and CPPIB team up to buy US$5.2 billion industrial REIT
- Posted on July 20, 2026
- By Financial Post
- 0 Views
- 1 min read
In brief
Brookfield Asset Management and Canada Pension Plan Investment Board have joined forces to acquire LXP Industrial Trust in a landmark transaction valued at US$5.2 billion. This strategic partnership demonstrates growing institutional investor interest in industrial real estate, particularly in logistics and distribution facilities. The acquisition reflects strong market demand for modern warehouse properties driven by e-commerce growth and supply chain optimization.
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Brookfield and CPPIB team up to buy US$5.2 billion industrial REIT
Brookfield Asset Management and the CPPIB are paying US$5.2 billion to acquire LXP Industrial Trust. Read more
