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CBRE instructed on Devonshire Square Estate

CBRE has been instructed by Rockpoint and Abu Dhabi Investment Authority (ADIA) to a strategic advisory mandate on the Devonshire Square Estate, CoStar News has learned.
By James Wallace
November 15, 2011 | 8:00 P.M.

The advisory mandate is part of a concurrent strategy employed by the joint venture partners to consider both a possible refinance of its recently-extended securitised debt maturity by 18 months to April 2013, while maximising value in the eight-strong City of London office estate in Aldgate ahead of a potential sale if a refinance is not viable.

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