Weekly data sheet: Big beasts mull London and Paris office sales

British Land is considering a £590 mln disposal of Regent’s Place while Kuwait's sovereign fund tests the market for a €400 mln La Défense tower.

However, a high proportion of attempted big ticket sales are still stalling: Costar reported the Hahn Group pulled its €600 mln German retail portfolio disposal while GIC and Allianz failed to agree on pricing for Frankfurt office complex Triton House.

Liquidity in completing transactions continues to be concentrated in more modest lot sizes, typically €50m-€150m.

Investors are targeting life science and student housing assets in particular. They acquired two life science opportunities in Cambridge and committed to a £400 mln first close of UBS and Reef’s new UK life science build-to-core vehicle.

Lenders remain keen to finance student housing with two more transactions written this week.

Click here to access all the data.


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