Radar > 240899

Grupo Villar Mir puts 40% of Complejo Canalejas on the block

Grupo Villar Mir pone a la venta un 40% del Complejo Canalejas

Intel ID : 240899
Synopsis

Grupo Villar Mir, a Spain-based holding, decided to put on the block a minority stake in Complejo Canalejas, reported El Confidencial on 22 September 2016, citing company members.

The aim is to transfer 40% of the project for approximately EUR 300m, although there is the possibility of raising the percentage to 49.9%.

According to sources familiar with the transaction, some of the funds interested in the deal are Lone Star, Government of Singapore Investment Corporation (GIC), and TH Real Estate.

Grupo Villar Mir noted the process of analysis of the bids will culminate in October.
(content in spanish)

Grupo Villar Mir, holding español, ha decidido iniciar la venta de una participación minoritaria en el Complejo Canalejas, según ha informado El Confidencial el 22 de septiembre de 2016, basándose en declaraciones de miembros de la compañía.

La intención es traspasar un 40% del proyecto por aproximadamente EUR 300m, aunque existe la posibilidad de elevar este porcentaje hasta el 49,9%.

Según fuentes cercanas a la operación, algunos de los fondos interesados en esta operación podrían ser: Lone Star, Government of Singapore Investment Corporation (GIC) y TH Real Estate.

Desde Grupo Villar Mir han asegurado que el proceso de análisis de las ofertas culminará en octubre.

Bidder

GIC Realty
Singapore
Nuveen
United Kingdom

Seller

Spain

Advisors

retained

Intel ID 240899
Value EUR 300,00m (Approx.)
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.03 Real Estate Services
25 Financial Services / 25.03 Real Estate

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Country
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Real Estate and Construction / Construction (Materials and Machinery)
Energy and Renewable Energies / Electric
Primary Sector (TTRSC)
25.03.01 Real Estate Development & Operating Companies
25 Financial Services / 25.03 Real Estate

Secondary Sectors (TTRSC)
20.01.01 Energy Traders & Brokers
20 Energy & Utilities / 20.01 Energy Services

35.03.05 Homebuilders (Residential)
35 Industrials / 35.03 Construction & Engineering

Country
Description

Auditors

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.