The new bid values Warehouse REIT at 489 million pounds ($664.4 million), a higher price than the previous bid made by U.K. real-estate investment trust Tritax Big Box, Blackstone said.

Blackstone said on Thursday it had raised its offer to buy Warehouse REIT to 115 pence per share, valuing the British firm at ...

L&G, the London-listed insurance and asset management group, has struck a partnership with alternatives giant Blackstone to ...