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Goldman Sachs in pole on £70m Angel portfolio as bidders circle on 'Tiger' and Silver Oak portfolios

Goldman Sachs is in pole position to buy the 18-strong UK mixed-used Angel portfolio from the Tyne & Wear Pension Fund for around £70m, as bidders circle on the £80m "Tiger" and the £49m Silver Oak UK portfolios.
By James Wallace
November 20, 2013 | 8:25 P.M.

Aberdeen Asset Management, the sole manager of the £4.3bn Tyne & Wear Pension Fund’s property portfolio, is expected to improve upon its £65.6m asking price for the Angel portfolio, which was subject to a failed bid by a private Bournemouth-based property company in early autumn.

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