Embattled Alternative Income REIT (LON:AIRE) has ‘strongly advised’ shareholders take no action in relation to a hostile bid from Glenstone. AIRE argues the 70p cash offer at a 17% discount to net asset value (NAV) could be detrimental to minority shareholders. They could be left stranded in a company dominated by Glenstone, which is AIRE’s biggest … Continue reading Why AIRE rejected Glenstone’s hostile bid