WEEKEND PAPERS: Starwood Property Trust has passed on a chance to sell a portfolio of 12 office blocks and an apartment complex in Dublin.
Chief executive Barry Sternlicht said the REIT was offered the opportunity to sell the $450m portfolio – it values its equity net of loans at $164m – at a significant premium.
Sternlicht is positive on the market in Dublin, given the opportunity provided by Brexit.
Click here for the full Sunday Times article (£)