Tritax's acquisition of Warehouse REIT, which counts the 2m sq ft Radway Green in Cheshire among its schemes, would see the value of its portfolio rise to £7.4bn, according to a Stock Exchange notice published this morning. Aubrey Adams, chair of Tritax Big Box, said: "This transaction delivers value accretion to both [companies] driven by immediate cost synergies, rental reversion, and strong structural drivers supporting valuation and income growth in urban and big box logistics. The Board of BBOX is delighted to be able to offer Warehouse Shareholders the opportunity to be invested in the upside potential of the UK's leading listed logistics real estate portfolio, whilst also providing the certainty of a partial cash offer." Neil Kirton, chair of Warehouse REIT explained why the firm w had opted to accept the Tritax offer over Blackstone's.