Blackstone has been given a fresh deadline by which to make a planned £489m takeover offer for Warehouse REIT.
The target said in late March that its board is likely to recommend such an offer to shareholders if it is made.
Blackstone’s deadline for making a bid was then extended until 5pm on 28 April. Warehouse REIT has now agreed with the Takeover Panel a new deadline of 5pm on 12 May.
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
Knight Frank sees continued positive sentiment towards the sector
Retailer has vacated the store and moved to the Bullring
As his first solo venture launches, Schama wants to redefine hospitality advisory
Retention rate is significantly ahead of underwrite assumption
