trending Market Intelligence /marketintelligence/en/news-insights/trending/6JpmNlSZhyVLt0syWSXapw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Lone Star surrenders retail assets to lenders

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

Lone Star surrenders retail assets to lenders

Lone Star Global Acquisitions Ltd. is handing over to lenders the remaining assets in a U.K. shopping center portfolio that it acquired from Rockspring in 2014 for £260 million using a £200 million loan from Citi, Property Week reported.

Austrian lender BAWAG Group AG, which provided the senior mezzanine loan for the acquisition of the portfolio, is set to receive the properties, including the Mercury Mall in Romford and Marlands in Southampton in the U.K., according to the publication, citing Debtwire. The debt market intelligence platform also mentioned Citi and Oz Real Estate as the other lenders.

The shopping centers are being surrendered amid the declining values of retail properties, the March 12 report added. The U.S.-based private equity firm has been selling the retail portfolio, codenamed Project Tiger, in the past year and was able to find buyers for the Grays and Blaydon shopping centers in Essex and Newcastle, respectively. However, divestment of the other properties was unsuccessful.

The sales process for the remaining assets in the portfolio is still ongoing, the publication added.