Blackstone-backed Wapping increases stake in Warehouse REIT to 94.2%

Published 02/10/2025, 08:02
Blackstone-backed Wapping increases stake in Warehouse REIT to 94.2%

LONDON - Wapping Holdings Limited has increased its ownership stake in Warehouse REIT PLC (LSE:WHR) to 94.23% of voting rights, according to a regulatory filing published Thursday.

The Jersey-registered company, part of a chain of entities ultimately controlled by Blackstone founder Stephen Schwarzman, crossed the threshold on September 29, with the issuer notified on October 1.

The filing shows Wapping Holdings now controls 400,363,420 voting rights in Warehouse REIT, up from its previous position of 93.22%. The stake is held through a combination of direct holdings by Wapping Holdings Limited (35.16%) and Wapping Bidco Limited (59.07%), both Jersey-registered companies.

The notification details the full chain of controlled undertakings through which the voting rights are effectively held, starting with Stephen Schwarzman and flowing through various Blackstone entities including Blackstone Inc., Blackstone Holdings IV L.P., and several Blackstone Real Estate funds and investment vehicles.

The disclosure was made in accordance with UK regulatory requirements for notification of major holdings in publicly listed companies. The information was provided through a standard TR-1 form submitted to the London Stock Exchange’s Regulatory News Service.

Warehouse REIT is a UK-based real estate investment trust focused on the logistics and industrial property sector. The notification contained no information about the purpose of the increased shareholding or future intentions regarding the company.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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