Junior lender objects to further discount on Tallaght shopping centre sale

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Junior lender objects to further discount on Tallaght shopping centre sale
OaktreeThe SquareTallaght
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The sale of The Square shopping centre in Tallaght, Ireland, by Oaktree has been delayed due to objections from one of the lender's to the further discount on the already heavily-discounted guide price.

The sale of The Square shopping centre in Tallaght , Ireland, by Oaktree has been delayed due to objections from one of the lender's to the further discount on the already heavily-discounted guide price. Oaktree purchased the centre for €250 million in 2019 and put it on the market for €170 million last year. Bids for the scheme have come in between €120 million and €125 million, significantly lower than the original purchase price.

Eagle Street Partners and Hines are among the parties vying for ownership

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Oaktree The Square Tallaght Shopping Centre Sale Discount Lender Bids Eagle Street Partners Hines

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