Starwood Property Trust Said to Plan $593 Million Irish Sale
- U.S. real estate firm plans to sell portfolio bought in 2015
- Sale represents another test of investor sentiment on Ireland
Commuters cross the Sean O'Casey Bridge in Dublin.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
Starwood Property Trust Inc. is preparing to sell a portfolio of offices in Dublin, according to a person familiar with the matter, in what would be one of Ireland’s biggest real estate sales.
Starwood hired CBRE Inc. and Eastdil Secured LLC to sell the offices in central Dublin for about 530 million euros ($593 million), according to the person, who asked not to be identified as the information is not public. The portfolio could be placed on the market as soon as July.