Sunday August 9, 2020

REO seeks long-term Battersea investor

REO is focusing on introducing a long-term investor into the Battersea Power Station project as interim results showed its total portfolio valuation at £991 million.

26th October, 2011

Real Estate Opportunities chairman Ray Horney said the group is focusing on introducing a long-term investor into the Battersea Power Station project, with negotiations continuing with a shortlist of potential global investors.

The company said that a draft NAMA term sheet had been received in respect of the group's wholly owned Irish property assets on which NAMA is the sole lender, with both parties working towards its finalisation and in turn completion of binding facility...

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