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.
Old Age and Dementia Care Home, Essex – Registered for 27. Care home registered for 27 service users within the categories of old age and dementia care. The home has benefited from an extensive refurbishment programme, since then the home is rapidly...
Care home in convenient West Midlands location, registered for 38 residents specialising in dementia care. This attractive and highly reputable home features all single bedrooms. Our client has owned the business since the early 1990's and has chosen...
A very successful fish and chip takeaway enjoying a prominent and highly visual trading location in the south Cornwall town of Helston. Well-appointed takeaway area with 7-pan gas range, adjoining retail area, storage and preparation rooms. Spacious...
FREEHOLD
|
28
|
|
Jan
|
Fairstone completes double acquisition | BUSINESS SALE
Tyne and Wear-based consolidator Fairstone Financial Managem...
|
27
|
|
Jan
|
Amigo founder puts company up for sale | BUSINESS SALE
Amigo founder James Benamor has put the subprime lender up f...
|
24
|
|
Jan
|
Hawkin’s Bazaar enters administration | ADMINISTRATION
Norwich-based novelty toy retailer Hawkin’s Bazaar has...
Sign up to receive our acquisition alert emails to get your FREE guide
|
28
|
|
Jan
|
Fairstone completes double acquisition | BUSINESS SALE
Tyne and Wear-based consolidator Fairstone Financial Managem...
|
27
|
|
Jan
|
Amigo founder puts company up for sale | BUSINESS SALE
Amigo founder James Benamor has put the subprime lender up f...
|
24
|
|
Jan
|
Hawkin’s Bazaar enters administration | ADMINISTRATION
Norwich-based novelty toy retailer Hawkin’s Bazaar 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