In what is shaping up to be a blockbuster period of mergers and acquisitions in the industrial and logistics sector, investors are weighing up the prospects for the sale of two companies valued at almost £20B.
Indurent, the company created by Blackstone in February 2024 by merging Industrials REIT and St Modwen Logistics, has started exploring investor engagement as the firm looks towards a potential London listing or sale, according to Bloomberg.
The firm, one of the largest warehouse owners in the UK, could be valued at about £6B after around £2B in acquisitions and developments since Blackstone formed the platform, which spans 39M SF — though…​