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Alternative Income REIT flags lender rights following change of control

Alternative Income REIT ($AIRE-LSE) received a reservation-of-rights letter from HSBC concerning its £41 million facility after Glenstone’s offer became unconditional. That event triggered the facility’s change-of-control provisions. HSBC is no longer obliged to fund further drawings and can demand repayment of outstanding amounts, together with accrued interest. The bank has not requested repayment, and the REIT said it continues to meet obligations and operate normally. It has introduced HSBC

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Alternative Income REIT: Glenstone's offer reaches 49.89% as the deadline is extended

Glenstone issued an update on its offer for Alternative Income REIT on 7 September 2026. Acceptance position At 6pm on 4 September, Glenstone could count 40,167,638 shares, or approximately 49.89%, toward the 50% acceptance condition. The offer remains open until 1pm on 11 September, following the one-week timetable extension announced on 4 September. The disclosed total is still below the required threshold. Understanding the consideration The increased offer was expressed as 71.4p per share. F

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