Sat, 13 May 2017 | COMMERCIAL PROPERTY
Central London’s only marina, St Katharine Docks, is up for sale for £435 million, reports say.
The quarter, home to offices, restaurants and bars, is opposite the Tower of London and close to Tower Bridge.
According to the Evening Standard, private equity firm Blackstone, which acquired the dock complex in 2014, has decided to cash in.
CBRE and GM Real Estate have been appointed to handle the sale.
If - or when - it sells, the deal will be the latest in a number of big-ticket London commercial property transactions this year so far, including the sale of the ‘Cheesegrater’ building for £1.15 billion.
The Standard said the sale comes after an attempt to attract technology and creative companies to the marina, as well as trendy restaurant chains. Today, 80 businesses are based in the area, which is home to more than 6,000 workers.
Investor Nick Leslau bought the dock complex for £156 million through his Max Property Group. Blackstone assumed control of the site when it bought Max for £448 million in 2014.
Find commercial property for sale.
A leading face to face fundraising agency providing high quality private site campaigns. Long established company operating over 10 years. Operates from leasehold premises in London. Offers invited.
LEASEHOLD
Multi-faceted business opportunity developed by our clients in 2014 and now offered for sale due to the directors other business ventures. Owners have firmly planted the venue for live music particularly live jazz, blues, funk and soul. Any new buyer...
LEASEHOLD
Acorn's Healthy Option Pet Food Store. The shop is extremely well established and very well presented with a fantastic reputation; due to the good service and quality products the shop provides. Business has a lot of repeat customers, as well as the...
LEASEHOLD
|
18
|
|
Dec
|
High street clothing chain enters administration | ADMINISTRATION
A prominent high street clothing chain has collapsed into ad...
|
15
|
|
Dec
|
Two pub companies enter administration | ADMINISTRATION
Mitchell’s of Lancaster (Brewers) Limited and York Bre...
|
13
|
|
Dec
|
Harvard Technology Limited enters administration | ADMINISTRATION
A lighting company based in Normanton has been forced to eng...
Sign up to receive our acquisition alert emails to get your FREE guide
|
18
|
|
Dec
|
High street clothing chain enters administration | ADMINISTRATION
A prominent high street clothing chain has collapsed into ad...
|
15
|
|
Dec
|
Two pub companies enter administration | ADMINISTRATION
Mitchell’s of Lancaster (Brewers) Limited and York Bre...
|
13
|
|
Dec
|
Harvard Technology Limited enters administration | ADMINISTRATION
A lighting company based in Normanton has been forced to eng...
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