Warehouse REIT ends Hansteen reverse takeover talks

Warehouse

AIM-listed specialist warehouse investor Warehouse REIT has announced it has ended negotiations with Hansteen over the acquisition of a £460m industrial portfolio which could have resulted in a reverse takeover.

In a short stock market update, Warehouse REIT said that it had been “unable to agree terms” with Hansteen over the sale of the assets, which are valued at an estimated £460m, that previously made up the Ashtenne Industrial Fund.

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