Goldman Sachs Sells Ireland's Largest Mall to Strategic Value Partners
Strategic Value Partners Buys Blanchardstown Centre for $1.45 Billion
Goldman Sachs has sold Ireland's largest shopping mall, Blanchardstown Centre, to Strategic Value Partners for $1.45 billion.
Strategic Value Partners, an Opportunistic Credit Firm
Strategic Value Partners is an opportunistic credit firm that invests in distressed assets.
The firm has a history of investing in real estate, including shopping malls.
Blanchardstown Centre, Ireland's Largest Shopping Mall
Blanchardstown Centre is Ireland's largest shopping mall with over 180 stores and eateries.
The mall is located in Dublin, Ireland.
The Sale
The sale of Blanchardstown Centre is a major deal for both Goldman Sachs and Strategic Value Partners.
For Goldman Sachs, the sale marks the exit of a major investment.
For Strategic Value Partners, the purchase of Blanchardstown Centre gives the firm a foothold in the Irish real estate market.
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