Real Estate
Goldman Agrees to Sell Ireland’s Largest Shopping Mall to SVP
- US investment bank offered the complex for sale last year
- The value of the best malls has fallen more than 40% in Europe
This article is for subscribers only.
Opportunistic credit firm Strategic Value Partners struck a deal to buy Blanchardstown Centre, Ireland’s largest shopping mall, from Goldman Sachs Group Inc., according to people with knowledge of the matter.
The US investment bank offered the center for sale last year, seeking about €650 million, Bloomberg News reported at the time. The selling price is lower than that, the people said, asking not to be identified because the transaction has yet to be completed.