It's the home of ICE exhibition
Earls Court sale may be imminent
(UK).- St James Capital is currently in talks with Chelsfield Partners, the UK property company, over the potential sale of the home of ATEI and ICE exhibitions, Earls Court, as well as the company’;s Olympia exhibition centre.
2007-04-09
Reading time 24 seg
Chelsfield Partners is one of a number of interested parties that are believed to have approached the private property fund.
A spokesman for St James Capital said: "We’re talking to a number of different parties, all of who share our vision for the business, but there are three potential options. One is a sale, another is a joint venture with a strategic partner and the third is a refinancing."
Property entrepreneurs Anthony Lyons, David Coffer and Simon Conway, who run St James Capital, bought the Earls Court and Olympia venues for us$ 484 million. The sites have been up for sale for around 18 months.
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