Alpine Grove Partners and Baupost’s Argyll flexible office platform is the largest of a dozen assets coming up for sale this week spanning all sectors.
The sale of a major office platform shows investors may be starting to regain confidence in the office property market which has seen transactions plummet over the past few years.
In the retail space, which has been on an upward trajectory since the start of 2024, a string of owners are taking advantage of improving market conditions by opting for a sale of well-located shopping centres.
In Helsinki, the Kamppi Helsinki shopping centre has just been launched for sale while the smaller Luisen Centre is being marketed in Darmstadt, Germany, and the Eden Walk retail asset in Kingston upon Thames is being sold by owners British Land and USS with planning permission for a £400 mln revamp.
Hotel assets are also being displayed for sale in Lisbon, London and Southern France.
In the 'recently completed loans' section, Middle Eastern and Chinese lenders join forces to provide one of the biggest residential development financings of the past few months. Abu Dhabi Bank, Oversea-Chinese Banking Corporation and Emirates NBD, together with UK lender Standard Chartered, are providing £600 mln (€716 mln) to Greystar for the development of the Bermondsey Project which will see the creation of 1,624 new homes for rent in South London.
Ireland’s top hotel operator Dalata Group has secured €600 mln from lenders and other debt investors aimed at financing growth of its portfolio, which includes over 50+ hotels across Ireland, the UK and Germany.
Click here to access the data
