Warehouse REIT Considers Revised Blackstone Offer Amid Valuation Dispute

Warehouse REIT PLC ( (GB:WHR) ) has provided an update.

Warehouse REIT PLC has received a revised proposal from Blackstone Europe LLP for an all-cash offer at 110.6 pence per share, following due diligence issues related to asset valuation. An independent committee is considering the offer, and the deadline for Blackstone to announce a firm intention has been extended to 6 June 2025, allowing further negotiation on terms and conditions.

The most recent analyst rating on (GB:WHR) stock is a Buy with a £95.00 price target. To see the full list of analyst forecasts on Warehouse REIT PLC stock, see the GB:WHR Stock Forecast page.

Spark’s Take on GB:WHR Stock

According to Spark, TipRanks’ AI Analyst, GB:WHR is a Outperform.

Warehouse REIT PLC demonstrates a robust financial recovery with strong revenue and profit growth. Technical indicators show positive momentum, although caution is advised due to overbought signals. Valuation metrics suggest the stock is undervalued, enhanced by a strong dividend yield. Recent corporate actions, like debt refinancing and lease renewals, bolster its financial stability. However, the rejection of an acquisition proposal adds a layer of uncertainty.

To see Spark’s full report on GB:WHR stock, click here.

More about Warehouse REIT PLC

Warehouse REIT PLC operates in the real estate investment trust sector, focusing on the ownership and management of warehouse properties. The company primarily invests in and manages a diversified portfolio of UK-based warehouses, catering to the logistics and distribution industry.

Average Trading Volume: 3,062,576

Technical Sentiment Signal: Buy

Current Market Cap: £420.6M

For an in-depth examination of WHR stock, go to TipRanks’ Stock Analysis page.