Radar > 237668

TH Real Estate could offer EUR 450m for Diagonal Mar

TH Real Estate ofrecería EUR 450m por Diagonal Mar

Intel ID : 237668
Synopsis

TH Real Estate, an investment company, may have submitted a EUR 450m binding offer to acquire Diagonal Mar held by UK-based fund Northwood Investors, as published by newspaper Expansión on 14 June 2016.

This would not be the only offer submitted, since TH Real Estate's proposal may have been received together with another two offers from other funds, whose identity were not disclosed.

The candidates may acquire 60,400m2 in Diagonal Mar shopping center, out of total of 87,500m2.
(content in spanish)

TH Real Estate, compañía dedicada a la gestión de inversiones, podría haber presentado una oferta vinculante al fondo británico Northwood Investors de EUR 450m para adquirir Diagonal Mar, según ha informado el diario Expansión el 14 de junio de 2016.

Ésta no sería la única oferta que se habría presentado, ya que la propuesta de TH Real Estate podría haber llegado acompañada de otras dos ofertas de fondos, cuyo nombre no ha trascendido.

Las compañías interesadas podrían adquirir 60.400m2 del centro comercial Diagonal Mar, del total de 87.500m2.

Bidder

Nuveen
United Kingdom

Target

Seller

United States

Advisors

prospect

Intel ID 237668
Value EUR 450,00m (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)
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
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
15.05.11 Multiline Retail (Department, Discount & Convenience Stores)
15 Consumer Products & Services / 15.05 Distribution & Retail

Country
Website
Description

Seller

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

Financial Advisory

Radar

Date Title Type Intel Grade Country Subsector  

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) 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.