Radar > 230436

Hispania Activos Inmobiliarios, Blackstone, Rialto Capital Management and Patrizia Immobilien bidding for Testa assets

Hispania Activos Inmobiliarios, Blackstone, Rialto Capital Management y Patrizia Immobilien pujan por activos de Testa

Intel ID : 230436
Synopsis

Spain-based Hispania Activos Inmobiliarios (BME: HIS), US-based private equity firm Blackstone (NYSE: BX), US-based Rialto Capital Management and Germany-based Patrizia Immobilien could be interested in acquiring a real estate portfolio controlled by Testa (BME: TST), as published by newspaper Expansión on 15 October 2015.

Merlin Properties, Testa's major shareholder, is trying to raise EUR 300m with this sale. The portfolio of commercial assets includes 1,500 houses for rent, and 640 parking spaces.
(content in spanish)

La empresa española Hispania Activos Inmobiliarios (BME: HIS), la firma de private equity estadounidense Blackstone (NYSE: BX), la empresa estadounidense Rialto Capital Management y la empresa alemana Patrizia Immobilien podrían estar interesadas en adquirir una cartera inmobiliaria propiedad de Testa (BME: TST), según ha señalado el diario Expansión el 15 de octubre de 2015.

Merlin Properties, accionista mayoritario de Testa, pretende recaudar unos EUR 300m con la venta de esta cartera, compuesta por activos comerciales, entre los que destacan más de 1.500 viviendas en alquiler, y 640 plazas de aparcamientos.

Intel ID 230436
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
verified
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
verified
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

Bidder

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

Secondary Sectors (TTRSC)
25.03.02 Real Estate Investment Trusts (REITs)
25 Financial Services / 25.03 Real Estate

Country
Website
Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Services and Distribution / Financial and Insurance
Country
Website
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.02 Real Estate Investment Trusts (REITs)
25 Financial Services / 25.03 Real Estate

Country
Website
Description

Seller

Name
verified
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

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.