Added to YB: 2026-08-21
Pitch date: 2026-08-19
AIRE.L [bullish]
Alternative Income REIT Plc
-3.63%
current return
Author Info
No bio for this author
Company Info
Alternative Income REIT PLC aims to generate a sustainable, secure and attractive income return for shareholders from a diversified portfolio of UK property investments, with a particular focus on alternative and specialist real estate sectors.
Market Cap
GBP 55.1M
Pitch Price
GBP 0.72
Price Target
1.08 (+57%)
Dividend
9.05%
EV/EBITDA
N/A
P/E
7.98
EV/Sales
9.97
Sector
Diversified REITs
Category
special_situation
Two Bidders, One Blocker - Alternative Income REIT
AIRE.L: UK micro-cap REIT M&A play. Trades £0.72, ~6% below AEW UK REIT's all-share offer (£0.76 implied), 14% NAV discount, 8% NIY. 8-12% annualized over 6-9mo. Wrinkle: 25% holder Glenstone opposes deal w/ blocking stake, made £0.70 cash bid w/ near-zero support. Catalysts: AEW firm offer due Aug 28.
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