Meyer Bergman, the Pan-European retail property investor, has clarified that it still owns Bond Street House in London.
Meyer Bergman, the Pan-European retail property investor, has clarified that it still owns Bond Street House in London.
Thor Equities, a New York peer and often a partner with Meyer Bergman, said in a statement on Tuesday that it had acquired the mixed-use retail and office asset located at 14 Clifford Street, in London’s Mayfair district.
But Markus Meijer, CEO of Meyer Bergman, responded in a statement on Wednesday: 'Recent media articles based on a press release issued by Thor Equities in New York, that Meyer Bergman’s MBERP II fund has sold its Bond Street House building to Thor are not correct. In fact, Thor, along with a financial partner, has exercised an option to acquire a minority stake at a confidential price. MBERP II acquired the asset in May 2014 and continues to own it.'
A spokesperson for Thor confirmed that the US investor had indeed not bought the property outright. Rather it is a partner with Meyer Bergman in the property.