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Hatfield Philips instructs JLL to sell ‘Project Sunrise’ German retail portfolio

Hatfield Philips International (HPI) has initiated the sale of the remaining 142-strong German retail portfolio which secures the Orange Loan in the fruit-themed legacy ABN Amro-issued Talisman 6 CMBS, in a sales process renamed Project Sunrise.
By James Wallace
August 22, 2014 | 7:31 P.M.

JLL has been instructed to sell the direct property portfolio, which is expected to fall to 127 commercial properties with 15 assets near to separate sales for an aggregate 7.826m, according to the latest quarterly investor note.  The marketing process will begin next month.

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