Finance
Blackstone to consider options for UK's Warehouse REIT bid
Published by Global Banking & Finance Review®
Posted on July 1, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 1, 2025
1 min readLast updated: January 23, 2026
Blackstone is evaluating its bid for Warehouse REIT after a competing offer from Tritax Big Box REIT was accepted. The previous no increases statement is now void.
(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)
Blackstone is evaluating its options concerning its bid for Warehouse REIT after the company accepted a competing offer.
Blackstone had submitted a best and final offer of 470 million pounds for Warehouse REIT.
The no increases statement is no longer effective due to the competing bid that Warehouse REIT has accepted.
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