Finance

Blackstone to consider options for UK's Warehouse REIT bid

Published by Global Banking & Finance Review

Posted on July 1, 2025

1 min read

· Last updated: January 23, 2026

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Blackstone to consider options for UK's Warehouse REIT bid
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(Reuters) -Blackstone said on Tuesday it was considering its options regarding its bid for UK's Warehouse REIT after its takeover target agreed to a 485.2 million pound ($666.8 million)deal with

Blackstone Evaluates Options for Warehouse REIT Acquisition Bid

(Reuters) -Blackstone said on Tuesday it was considering its options regarding its bid for UK's Warehouse REIT after its takeover target agreed to a 485.2 million pound ($666.8 million)deal with Tritax Big Box REIT last week.

The U.S. private equity firm, which had tabled a best and final offer of 470 million pounds for Warehouse REIT, said the no increases statement was no longer effective due to the competing bid.

($1 = 0.7277 pounds)

(Reporting by Raechel Thankam Job in Bengaluru; Editing by Mrigank Dhaniwala)

Key Takeaways

  • Blackstone is reconsidering its bid for Warehouse REIT.
  • Warehouse REIT agreed to a deal with Tritax Big Box REIT.
  • Blackstone's previous offer was 470 million pounds.
  • The competing bid is valued at 485.2 million pounds.
  • The no increases statement is no longer effective.

Frequently Asked Questions

What is Blackstone considering regarding Warehouse REIT?
Blackstone is evaluating its options concerning its bid for Warehouse REIT after the company accepted a competing offer.
What was Blackstone's initial bid for Warehouse REIT?
Blackstone had submitted a best and final offer of 470 million pounds for Warehouse REIT.
Why is Blackstone's no increases statement no longer effective?
The no increases statement is no longer effective due to the competing bid that Warehouse REIT has accepted.

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