Specialist property investor confirms flotation plan

Specialist property investor confirms flotation plan

A Chester-based specialist property investment company which works with some of the UK's best-known retailers has confirmed plans to float on the London Stock Exchange later this month (September), raising about £150m.

Warehouse REIT will invest in a diversified portfolio of UK warehouse assets located in urban areas.

The company which also has a base in London, has already entered into arrangements to acquire, conditional upon admission, the Tilstone Property Portfolio, which incorporates 27 assets valued in aggregate at £108.9m.

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