Glenstone acquire Homebase in Saffron Walden

Glenstone Property Plc are pleased to announce the freehold acquisition of Homebase in Saffron Walden. The property offers a well configured unit located in the highly affluent town of Saffron Walden with strong residual value. The property is let to …read more

Directorate Changes

Adam Smith, an existing Executive Director of the Company, will become a Non-Executive Director effective 1 April 2021. Andrew Pickering will resign as Finance Director effective 31 March 2021. Rob Maybury will succeed Andrew Pickering  as Finance Director with effect …read more

Property Income Distribution

The Directors of Glenstone Property plc are pleased to report that at a Board Meeting held on Wednesday 9 December 2020 it was resolved that a first Interim Property Income Distribution of 20p per Ordinary share of 2p each will …read more

Results of Tender Offer

In respect of the Tender Offer by Glenstone Property PLC (“Glenstone”) to acquire ordinary shares in Alternative Income REIT PLC (“AIRE”), the Directors of Glenstone are pleased to announce that a total of 11,855,461 AIRE Shares, representing 14.73% of AIRE’s …read more

Extension of Tender Offer

Glenstone Property PLC (“Glenstone”) announces that its tender offer to acquire up to 20,125,000 ordinary shares for cash in Alternative Income REIT PLC (“AIRE”) will remain open until 1.00pm on Thursday 19 November 2020 to enable the tenders to be …read more

Beaconsfield Pub Acquisition

Glenstone Property are pleased to announce that their leisure subsidiary Innbrighton Properties Limited have completed the purchase of The White Horse pub located in the highly affluent Beaconsfield Old Town. The premises comprise of a cellar, a large ground floor …read more

Glenstone acquire Leeds Industrial Unit

Glenstone have completed the purchase of a single let industrial unit in Leeds let to Just Trays Limited. Just Trays Limited are the UKs number 1 shower tray manufacturer and are in the process of relocating their HQ to the …read more

Tender Offer Documentation

Glenstone is pleased to release details of the Tender Offer Documentation. Links to both documents are below. Tender Offer Circular Tender Form

Posting of Tender Offer Document

Glenstone is pleased to announce that the tender offer document (the “Tender Offer Document”) and tender form (the “Tender Form”), containing, amongst other information, the full terms of, and conditions to, the Tender Offer and the procedures for tendering, are …read more

Tender Offer

Glenstone Property PLC (“Glenstone”) announces its intention to acquire up to 20,125,000 ordinary shares for cash in Alternative Income REIT PLC (“AIRE”), representing up to 25.0 per cent. of AIRE’s issued share capital, by way of a tender offer (the …read more