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Irish investors selling 1
Irish property investment specialist Avestus has already got sales of 630m worth of property in addition to at least one sale last year. Last week, they exchanged contracts with Saudi investor Olayan for The Estate in Knightsbridge in
London's West End for 580m (694m).
Goldman Sachs office block on Fleet Street in London. Warren's consortium, which includes Larry Goodman and Stephen Vernon, is hoping to gross 300m (360m) for the sale of the building known as River Court, which they bought 10 years ago for 246.5m.
Meanwhile, Cosgrave Brothers are expected to gross up to 230m from the sale of shops at Oxford Street and Hills Place in London's West End. The Cosgraves paid 43.7m (52.3m) in April 2008 for the 1.1acre island site at 215219 Oxford Street.
Sligobased Ray and Eileen Monaghan are hoping to raise 40m (47.3m). from the sale of their investment at 160 New Bond Street, London, which is leased to
Louis Vuitton. They bought it two years ago for around 28.5m (34.1m). Ms Monaghan is a daughter of hotel developer, the late PV Doyle.
Meanwhile, Irish investment house Signature Capital is hoping to sell Direct Line House,[url=http://nikefree.mobilejeti.com]nike free tilbud[/url], at 1015 Livery Street, in Birmingham for around 23.6m (27m.).
Anglo Irish Bank is expected to settle for the 90m (104m) price it paid in 2004 when it sells a 18,850sqm office building at 1 Colmore Square, Birmingham.