Potter UK Bidco is offering to pay Hansteen’s shareholders 116.5p per share in cash
Hansteen has bought seven multi-let urban industrial estates in County Durham from M&G.
Company has secured 373 new leases and renewals at start of year
The UK industrial portfolio includes 22 properties with a gross lettable area of around 1.2m sq ft
Warehouse REIT was preparing to pay Hansteen £460m for a 180-estate industrial portfolio, but the deal has has fallen through. What are the longer term implications of the failed sale?
Hansteen Holdings and listed rival Warehouse REIT have ended discussions over Hansteen’s sale of a portfolio of UK industrial assets.
Hansteen has exchanged contracts to buy a mixed-use UK portfolio for £53.7m from St Modwen Properties.
Industrial specialist Hansteen is proposing to return up to £580m to shareholders by the end of the year having sold its German and Dutch assets for €1.3bn earlier this year
With the transactional market quiet (save from the odd £1bn skyscraper sale), major listed companies trading at a discount to their net asset value, and the world awash with cash,…
Alpha Real Trust has again rejected Hansteen’s offer to buy Industrial Multi Property Trust after a £1.3m valuation uplift in IMPT’s portfolio yesterday.
Hansteen’s offer to buy Industrial Multi Property Trust has been condemned by IMPT’s biggest shareholder, which said it had not been consulted in the deal
Hansteen has agreed an all-cash offer to buy industrial investment firm Industrial Multi Property Trust for £25m