Macfarlanes advises Aberdeen Standard Investments on purchase of stake in Tritax

21 December 2020

Macfarlanes has advised Aberdeen Standard Investments (ASI) on its acquisition of a 60% stake in specialist logistics real estate fund manager, Tritax.

With assets under management of approximately £5.1bn throughout the UK and Europe, and significant expertise within the logistics sector, the investment in Tritax reflects ASI’s strategy of providing deep sector specialism for its clients. This will further develop ASI Real Estate as a leading logistics real estate manager in the UK and Europe, ensuring it is focused on parts of the real estate market that are evolving through technology and innovation.

The transaction is expected to close in early 2021, subject to the receipt of regulatory approvals.

The Macfarlanes team for this matter was led by corporate and M&A partner Jessica Adam with assistance from senior solicitor Daniel Hobbs. Tax advice was provided by partner Jeremy Moncrieff, senior solicitor Laura Foley and solicitor Tom Barr.