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Blackstone's Warehouse REIT takeover held up by dispute over giant development site's value

US industrial investor has queried value attached to Crewe Radway Green site
The Crewe Radway Green site. (CoStar)
The Crewe Radway Green site. (CoStar)
CoStar News
May 12, 2025 | 12:53 P.M.

Blackstone has extended out the deadline for it to make a firm offer for listed United Kingdom industrial investor Warehouse REIT after its due diligence led it to query the initial value it has attached to the business, most notably its giant Radway Green development in Crewe.

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