Struggling trust is being bought by Starwood backed fund
Manager Columbia Threadneedle “disappointed” at recommendation of offer
Interest in fund’s assets has been received from “a number of credible third parties”
Fund expects to raise £120m of cash from sales
The £200m estate would add another large slice of the West End to Criterion’s portfolio
More than £1bn of office, industrial and retail warehouse sites are on the block
REIT launches strategic review and invites takeover offers
BCPT is attempting to align its portfolio towards structurally supported growth sectors
BCPT secures 316,500 sq ft of letting deals in Birmingham and Liverpool
The St Christopher’s Place owner sees NAV fall to £831.5m