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Glenstone REIT Urges Alternative Income REIT Shareholders to Accept Offer

MT Newswires·08/26/2026 08:23:48
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08:23 AM EDT, 08/26/2026 (MT Newswires) -- Glenstone REIT on Wednesday urged Alternative Income REIT (AIRE.L) shareholders to accept its takeover offer after AEW UK REIT (AEWU.L) decided not to pursue its offer for the London-listed real estate investment trust. Glenstone said its final cash offer of 0.70 pound sterling per share provides Alternative Income REIT's shareholders a "fair exit opportunity." The acceptance period for the offer ends on Sept. 4.