The wave of consolidation sweeping the REIT (real estate investment trust) sector continues apace. Three weeks after issuing a public approach, Glenstone REIT has made a £56.3 million all-cash offer for Alternative Income REIT (LON:AIRE). AIRE’s largest shareholder has sweetened its offer from the 66.5p the board rejected in November to 70p. However, the improved … Continue reading Glenstone launches hostile bid for Alternative Income REIT