Aberdeen to increase its stake in Tritax to 100% in 2029
29 October 2025Aberdeen Group plc is today announcing it has reached agreement to increase its interest in Tritax Management LLP, one of the UK’s largest logistics managers, reinforcing its commitment to long-term growth and leadership in the UK logistics real estate sector.
Following the initial acquisition of a 60% interest in Tritax in 2021, Aberdeen will increase its stake to c.80% in April 2026, and to 100% in 2029 with Tritax maintaining its specialist, boutique offer. This phased approach ensures continuity and alignment between Aberdeen and Tritax, supporting ongoing delivery of the long-term strategy for Tritax, and its listed and private products. A number of new partners of Tritax Management are also being appointed to prepare for a smooth succession.
Since the original investment by Aberdeen, Tritax has grown its assets under management (AUM) from £5.1 billion to approximately £9 billion, with revenue increasing at c.13% per annum over the last four years, reflecting strong performance and sector momentum. The logistics real estate market continues to demonstrate structural resilience, and logistics assets now account for 22% of total capital deployed into European real estate, up from 13% in 2018, according to recent research. Occupier demand remains robust, and 47% of logistics tenants expect their warehouse footprint to grow over the next three years. [1]
Extending ownership will position both Aberdeen and Tritax to benefit from the evolving strategy, which now incorporates high-profile data centre developments. These include the 107MW Manor Farm project and a second similar sized project in the broader London availability zone, as well as the proposed gigawatt scale data centre project at Cottam that would be delivered with EDF. These initiatives align with the UK Government’s commitment to expanding critical national infrastructure and the digital economy. Research shows data centre capacity in Europe is projected to grow at over 24.7% CAGR through 2030, driven by demand for high-density, GPU-powered compute environments. [2]
Aberdeen Group CEO Jason Windsor said;
“Aberdeen’s increased investment in Tritax extends our relationship at a time when Tritax continues to grow its AUM, with the team who have done such an impressive job managing Tritax Big Box REIT and the growing portfolio of private market mandates, remaining on board until at least 2029.
The long-term potential of the logistics and digital infrastructure sector is clear and this deal secures operational continuity that positions us to capitalise on the transformative impact of AI on real estate.”
The agreement also formalises a succession plan at Tritax, ensuring stability for clients, investors, and partners. Tritax will continue to benefit from Aberdeen’s global investment and distribution expertise while retaining its own brand and operating identity.
Today’s announcement also reinforces Aberdeen’s position as a top five European logistics real estate manager and a top five global closed end fund manager by AUM.
[1] Savills UK | Spotlight: European Real Estate Logistics Census - Autumn 2025
[2] Business Insights | The Impact of AI on Europe’s Data Centre Market | CBRE UK
ENDS
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Notes to editors
About Tritax Management LLP
Tritax is an asset manager investing in critical supply chain real assets aligned with the structural trends that are shaping the future economy, including digitisation, automation, urbanisation and green energy. Tritax’s publicly listed FTSE-250 fund, Tritax Big Box REIT plc, and growing suite of private market products own and manage modern, flexible and well-located real assets across the UK. These help businesses succeed in a dynamic economy by enabling sustainable and resilient supply chains and offer investors access to a wide range of some of the most attractive opportunities in this fast-growing sector.
Tritax’s specialist focus and 25+ year track record enables them to identify some of the best investment opportunities, while their entrepreneurial spirit and strong governance enable them to move fast and confidently act on them.
About Aberdeen Investments
Aberdeen Investments is a specialist asset manager that focuses on areas where we have both strength and scale across public and private markets, including credit, specialist equities and real assets.
Our teams collaborate across regions, asset classes and specialisms, connecting diverse perspectives and working with clients to identify investment opportunities that suit their needs.
As at 30 September 2025, Aberdeen Investments managed c.£382bn on behalf of clients, including insurance companies, sovereign wealth funds, independent wealth managers, pension funds, platforms, banks and family offices.
www.aberdeeninvestments.com
About Aberdeen Group
Aberdeen is a leading Wealth & Investments group, working to help millions of customers and clients turn their financial goals into reality. As at 30 September 2025, Aberdeen managed and administered c.£542bn of client and customer assets across its three core businesses, interactive investor, Adviser and Investments.
www.aberdeenplc.com
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