Mount Street Capital are considering making a bid for Invista Real Estate Investment Management (Invista REIM), according to a statement issued today.
Mount Street made the announcement in response to press speculation about its intentions to make an offer for the fund management company.
The private equity business is “considering its options” regarding Invista, according to the statement, which added that this did not amount to a “firm intention” from Mount Street to make an offer.
Last month Palmer Capital made a £39.7m offer for Invista REIM, trumping an earlier bid by Internos Real Investments.
Invista runs two funds; the Asian-focused Invista Real Estate International Fund and the UK and Europe-focused Invista Real Estate Opportunity Fund.
sophia.furber@estatesgazette.com
