Toronto, Canada
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Canada $1 Trillion Brookfield Asset Management & Canada $562 Billion Pension Fund CPP Investments to Buy United States Industrial REIT LXP Industrial Trust for $5.2 Billion (Include Debt) in All-Cash Deal, LXP Industrial Trust Founded in 1993, LXP Industrial Trust Current Market Value at $3.5 Billion, Share Price +22.6% YTD, +49% Last 12 Months & -5.3% Last 5 Years

24th July 2026 | Hong Kong

Canada Brookfield Asset Management ($1 trillion AUM) and Canada pension fund CPP Investments ($562 billion AUM) have announced to buy United States industrial REIT LXP Industrial Trust ($3.5 billion market value) for $5.2 billion (Include debt) in all-cash deal.  LXP Industrial Trust was founded in 1993.  LXP Industrial Trust current market value at $3.5 billion, share price +22.6% YTD, +49% last 12 months & -5.3% last 5 years.  LXP Industrial Trust – LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution investments in 12 target markets across the Sunbelt and Midwest. Brookfield Asset Management – Brookfield Asset Management Ltd. (NYSE, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across infrastructure, energy, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. CPP Investments – Canada Pension Plan Investment Board (CPP Investments™) is a professional investment management organization that manages the Canada Pension Plan Fund in the best interests of the more than 22million contributors and beneficiaries. In order to build diversified portfolios of assets, we make investments around the world in public equities, private equities, real estate, infrastructure and fixed income. Headquartered in Toronto, with offices in Hong Kong, London, Mumbai, New York City, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan at arm’s length from governments.

“ Canada $1 Trillion Brookfield Asset Management & Canada $562 Billion Pension Fund CPP Investments to Buy United States Industrial REIT LXP Industrial Trust for $5.2 Billion (Include Debt) in All-Cash Deal, LXP Industrial Trust Founded in 1993, LXP Industrial Trust Current Market Value at $3.5 Billion, Share Price +22.6% YTD, +49% Last 12 Months & -5.3% Last 5 Years “

 



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Canada $1 Trillion Brookfield Asset Management & Canada $562 Billion Pension Fund CPP Investments to Buy United States Industrial REIT LXP Industrial Trust for $5.2 Billion (Include Debt) in All-Cash Deal, LXP Industrial Trust Founded in 1993, LXP Industrial Trust Current Market Value at $3.5 Billion, Share Price +22.6% YTD, +49% Last 12 Months & -5.3% Last 5 Years

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