Simpson Thacher Advises Blackstone on £470M Warehouse REIT Offer

Simpson Thacher Advises Blackstone on £470M Warehouse REIT Offer.

Simpson Thacher & Bartlett LLP is advising affiliates of Blackstone on their recommended bid to buy Warehouse REIT plc, a UK-based property company specializing in industrial real estate.

The offer values the company’s share capital at around £470 million on a fully diluted basis.

The deal is set to move forward through a court-approved scheme of arrangement, pending shareholder approval and other customary conditions.

Warehouse REIT, which has been operating since 2017, focuses on multi-let warehouse spaces in key commercial hubs across the UK. These properties make up the bulk of its portfolio. Headquartered in London, the company is traded on the London Stock Exchange’s Main Market.

The Simpson Thacher team advising on the transaction includes:

• Corporate: James Campisi, Ben Spiers, Niccolo Calvi, Fran Towers, Julia Conzen

• Real Estate: Wheatly MacNamara, Tom Lloyd, Adam Brunk, Claire Newman, Manfredi Sclopis, David Walsh

• Antitrust: Étienne Renaudeau, Sandeep Mahandru

• Regulatory: Stephanie Biggs, Seji Choi

Warehouse REIT plc is a London-listed real estate investment trust focused on multi-let industrial warehouses across key UK locations. Since launching in 2017, it has built a high-occupancy portfolio serving logistics, e-commerce, and regional businesses. Headquartered in London, the company blends active asset management with strategic acquisitions to drive income and value growth.

Simpson Thacher & Bartlett LLP is one of the world’s leading law firms, providing cutting-edge legal advice to a diverse range of clients including corporations, financial institutions, private equity firms, investment funds, and governments. With a global team spanning offices in key financial centers such as New York, London, Hong Kong, and Tokyo, the firm is known for its deep expertise in mergers and acquisitions, banking, capital markets, private funds, real estate, litigation, and regulatory matters. For over 135 years, Simpson Thacher has built a reputation for handling complex, high-profile transactions and delivering innovative solutions that help clients navigate today’s most challenging legal and business issues.

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