Brookfield, CPP Investments Complete Acquisition of LXP Industrial Trust

Bitget2026/11/02 21:48

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Brookfield Asset Management and CPP Investments completed their acquisition of LXP Industrial Trust.
The transaction values LXP at approximately $5.2 billion, including net debt and preferred equity.
Shareholders will receive $61.2 per share in cash. LXP is now privately held; its shares no longer trade on the NYSE.
The portfolio comprises 107 industrial properties spanning approximately 52 million square feet across the Sunbelt and Midwest.
The assets will join Brookfield’s global logistics platform, spanning more than 255 million square feet across over 850 properties in 20 countries.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LXP Industrial Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-121376), on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Brookfield, CPP Investments Complete Acquisition of LXP Industrial Trust

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