Small premium to Blackstone offer Combined £7.4 billion of assets Deal offers ongoing REIT exposure The takeover frenzy in listed real estate took another turn today with the news Tritax Big Box (BBOX) had reached agreement with Warehouse REIT (WHR) on a cash and shares deal, less than a fortnight after the latter had agreed terms with funds managed by Blackstone. The higher offer from Tritax...

The takeover bandwagon is picking up speed as the year progresses with deals seemingly now being announced each week. On 9 June US chipmaker Qualcomm (QCOM:NASDAQ) agreed to take over Alphawave IP Group (AWE), which designs high-speed data transmission technology and licences it to semiconductor designers and manufacturers, much like Cambridge-based ARM (ARM:NASDAQ), once the UK's biggest...

So far 2025 is shaping up to be an unpredictable and difficult year for investors, but for one part of the financial markets there has been some positivity.Last October, investment trusts were languishing at an average discount to NAV (net asset value) of 17%, the largest since the financial crisis, according to data from industry body the Association of Investment Companies (AIC).Valuations...

September was a bad month for stocks in general, but it was especially poor for UK REITs (real estate investment trusts), with 77% of the sector by market cap being derated according to analysts at Winterflood, leaving 24 out of 32 trusts down over nine months.With worries over the economy, discounts to NAV (net asset value) continuing to widen and retail investors exiting the sector in their...