Response document published by Warehouse REIT to the increased £489 million cash offer by Blackstone
July 2025
Warehouse REIT is an LSE Main Market listed closed-ended real estate investment trust that invests in United Kingdom warehouses, focused on multi-let assets in industrial hubs across the UK.
The Company provides a range of warehouse accommodation in locations, which meets the needs of a range of occupiers who include Argos, Asda, John Lewis and FedEx.
Publication of Response to the increased £489 million cash offer by Blackstone
Having recommended the original Blackstone bid which was announced in March, a competing bid was announced by Tritax Big Box which won its recommendation in June. On 10 July 2025, Blackstone announced the terms of an increased cash offer for the entire issued and to be issued share capital of Warehouse. It was then further announced that in order to increase the certainty of the execution of the Acquisition, Blackstone had determined, with the consent of the Panel, to implement the Acquisition by way of an Offer rather than by way of the Scheme.
The Response document published on 23rd July 2025, set out the reasons why the Directors of Warehouse are unanimously recommending that Shareholders accept or procure the acceptance of the Blackstone Offer.
The Perivan shareholder communications team was delighted to work with Reed Smith who acted as Legal Adviser to Warehouse REIT on the Response Document, which was successfully published and posted to qualifying shareholders on 23rd July 2025.
For more information, click here.
Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader for the production of documentation relating to Mergers & Acquisitions.
