Blackstone ups stakes with new bid for Warehouse REIT
Cash offer trumps Tritax deal Board backs latest proposal Tritax considering its options The tug-of-war over logistics property firm Warehouse REIT (WHR) shows no sign of letting up, as Blackstone flexed its muscles with a fresh cash offer valuing the group at £489 million or 115p per share. The Warehouse REIT stock price was almost unchanged at 115.3p suggesting investors had already assumed...