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Warehouse REIT drops Tritax Big Box's buyout offer for Blackstone bid

Aug 27 (Reuters) - Britain's Warehouse REIT said on Wednesday it has decided against proceeding with peer Tritax Big Box REIT's BBOXT.L buyout proposal, weeks after shifting allegiance towards Blackstone's BX.N about 489-million-pound ($660.59 million) offer.

($1 = 0.7402 pounds)

 (Reporting by DhanushVignesh Babu in Bengaluru; Editing by Shilpi Majumdar)

 ((DhanushVignesh.Babu@thomsonreuters.com;))

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