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Tishman Speyer sells Verde SW1 to Deka Immobilien

Tishman Speyer and PSP Investments have sold Verde SW1, a mixed-use property in London’s West End, to Deka Immobilien for approximately £457m.
By James Wallace
September 21, 2018 | 12:16 P.M.

Underbidders included two Korean entities whose exit strategy was equity syndication. Notably, Chinese investors - often the highest payers - were absent from the final bidding stage, reflecting the enduring regulatory difficulty in exporting capital for large-ticket assets overseas.

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  • Properties
News | Tishman Speyer sells Verde SW1 to Deka Immobilien