Blackstone affiliated Bidco to acquire Warehouse REIT in £470 million deal
LONDON: Warehouse REIT plc has agreed to a recommended cash acquisition by Wapping Bidco Ltd, a newly formed company backed by investment funds advised by affiliates of Blackstone Inc., in a deal valuing the real estate investment trust at approximately £470 million ($600 million). Under the terms of the deal, announced Wednesday, shareholders of Warehouse REIT…