REIT Takeover Rejected

Warehouse REIT has turned down a fourth acquisition proposal from Blackstone and Sixth Street Partners, which valued the company at £470 million. The offer, made on February 23, 2025, was priced at 110.5p per share, representing a 34.1% premium to the closing share price on February 28, 2025. Despite the premium, Warehouse REIT's board felt the offer undervalued the company, highlighting its strong investment case and growth potential.