Wed, 08 Sep 2010 | BUSINESS NEWS
International sovereign wealth funds could be permitted to take stakes in iconic buildings – which are owned by the British taxpayer - in London, under new plans being drawn up by The Crown Estate.
The organisation, which manages properties ranging from Windsor Great Park to areas of Mayfair on behalf of the Treasury, has a portfolio worth £6.6 billion. Many of the UK’s cityscapes, ancient forests, farms, parkland, coastline and communities are managed by the agency.
It has announced that talks with potential international investors are proceeding regarding the sale of a 25 per cent share in Regent Street in central London. Frontrunners for the share are reported to include state pension funds from the Continent and North America.
The Regent Street deal would be worth around £400 million if it goes ahead and, although another deal of this magnitude looks unlikely to be repeated anytime soon, The Crown Estate may well raise more money by selling sections of commercial property sites to foreign investors.
A Crown Estate spokesman confirmed, “On a much smaller scale, we might well look at a similar type of fundraising on a building-by-building basis.'
Once a thriving online garden centre started in 2018, after an internal dispute the business stopped trading in 2022. In a space of just 3 years the business achieved £500k in turnover. This is a perfect opportunity for someone looking for a new...
Presenting an opportunity to acquire a very profitable plumbers and heating merchants business operating nationwide.
Popular and well-regarded Sushi and Ramen restaurant and takeaway, which is situated in a prime city centre location in Norwich. The premises are set over three floors and are presented to an extremely high standard throughout and offers the opportun...
LEASEHOLD
26
|
Apr
|
Major double glazing firm Everest enters administration | ADMINISTRATION
Everest, one of the largest providers of double-glazing in t...
26
|
Apr
|
Kent-based scientific consultancy sold to US firm | BUSINESS SALE
A4P Consulting Limited, a scientific consultancy company hea...
25
|
Apr
|
Ambulance services provider acquired in pre-pack deal | BUSINESS SALE
Elite Emergency Medical Services Ltd (Elite EMS), an ambulan...
26
|
Apr
|
Kent-based scientific consultancy sold to US firm | BUSINESS SALE
A4P Consulting Limited, a scientific consultancy company hea...
26
|
Apr
|
Major double glazing firm Everest enters administration | ADMINISTRATION
Everest, one of the largest providers of double-glazing in t...
25
|
Apr
|
New private equity owner for fleet hire firm | BUSINESS SALE
West Lancashire-based fleet hire business NRG Riverside has ...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.