Pensions insurer Rothesay joins suitors for O2 ground rent deal

Pensions insurer Rothesay joins suitors for O2 ground rent deal

The specialist pensions group, which has £70bn in assets under management, wants to buy the entertainment venue's long lease from Trinity College Cambridge, Sky News learns.

Pensions Insurer Rothesay Joins Suitors For O2 Ground Rent Deal - Great Yorkshire Radio

Sky News has learnt that Rothesay, which has more than £70bn of assets under management, is among the bidders for the long-term income stream generated by the arena in North Greenwich. Rothesay and the Universities Superannuation Scheme – along with a small number of undisclosed bidders – are participating in an auction being run by Eastdil, the real estate-focused investment bank. None of the parties has secured exclusivity, although insiders s…