The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Jul 20, 2026
· 2 min read
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Brookfield, CPPIB to buy LXP Industrial Trust for $5.2-billion
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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ML v2 (DistilBERT)
-0.247 · LEFT
Ensemble
-0.123 · CENTER
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Article Excerpt
Brookfield, CPPIB to buy LXP Industrial Trust for $5.2-billion
REUTERS
PUBLISHED 2 HOURS AGO
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LXP Industrial Trust LXP will be taken private by Brookfield Asset Management BAM-T and Canada Pension Plan Investment Board in a US$5.2-billion all-cash deal, the industrial real estate investment trust said on Monday.
Shares of LXP were up 4 per cent in premarket trading.
The acquisition highlights demand for warehouse and logistics properties, supported by the …
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