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Tritax Big Box outbids Blackstone with £485m offer for Warehouse REIT

By Benjamin Chiou

Date: Wednesday 25 Jun 2025

(Sharecast News) - Distribution centre investor Tritax Big Box REIT (BBOX) has reached an agreement to take over smaller peer Warehouse REIT for £485m, outbidding an earlier proposal by Blackstone.
The offer gives Warehouse REIT shareholders 0.4236 new BBOX shares and 47.2p in cash, which equates to 110p per Warehouse...

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