Everton owner not ruling out Royal Liver Building buy
Market sources claim offers for the iconic Liverpool asset have failed to reach the £90m asking price, which could open the door for Farhad Moshiri to take full control of the building.
CBRE was appointed in March this year to market the Royal Liver Building on behalf of Corestate Capital, which owns a 35% stake in the building. Everton FC owner Moshiri owns 49.9% and the other 15.1% is owned by a group of international investors, according to media reports.
Place North West understands that Moshiri would be prepared to buy the stakes of the other investors, including Corestate, if a buyer is not found.
One of Liverpool’s Three Graces, the 330,000 sq ft building has only been sold once before in its 110-year history – the last time was to Corestate, Moshiri and a handful of other investors for £48m in 2017. A buyer for the grade one-listed asset has not yet emerged this time around.
Corestate declined to respond to suggestions that the building was no longer being actively marketed when approached by Place North West.
Colin Thomasson, executive director of investment properties at CBRE, said: “We have received significant interest in the asset, and discussions with parties remain ongoing.”