Blue Sky Alternative Investments Limited

Equities

BLA

AU000000BLA8

Goldman Sachs, Blue Sky Reportedly Launch Atira Sale

May 17, 2019 at 12:00 am EDT

The Goldman Sachs Group, Inc. (NYSE:GS) and Blue Sky Alternative Investments Limited (ASX:BLA) put their own portfolio on the block. Goldman Sachs and Blue Sky have hired Goldman Sachs Australia's real estate bankers and Jones Lang LaSalle Incorporated (NYSE:JLL) to find a buyer for Atira. Goldman Sachs (the bankers) and JLL have started formally approaching potential buyers in Australia and offshore, to kick off a two-part sale process.

And the advisers have sought to distinguish Atira with a "premium" pitch. Up for grabs is 100% of Atira and the associated freehold operational and development real estate assets of Atira, according to a flyer that has started hitting inboxes of potential buyers and was obtained by Street Talk. Potential buyers were told the portfolio includes sites at La Trobe St and Peel St in Melbourne; Merival St, Glen Rd and Regent St in Brisbane; and Waymouth St in Adelaide.

The average age of those sites is barely more than one year. The portfolio expected to be worth about $700 million.

Latest news about Blue Sky Alternative Investments Limited

Hubbed Pty Ltd acquired ParcelPoint Pty Ltd.	22-11-16	CI
AXA Investment Managers - Real Assets, Scape Australia Management Pty Ltd and Allianz Real Estate Asia Pacific completed the acquisition of Atira Pty Ltd from Blue Sky Alternatives Access Fund Limited managed by Blue Sky Alternative Investments Limited and The Goldman Sachs Group, Inc. (NYSE:GS).	19-10-01	CI
AXA Investment Managers - Real Assets, Scape Australia Management Pty Ltd and Allianz Real Estate Asia Pacific entered into a binding agreement to acquire Atira Pty Ltd from Blue Sky Alternatives Access Fund Limited managed by Blue Sky Alternative Investments Limited and The Goldman Sachs Group, Inc. (NYSE:GS).	19-09-05	CI
Blue Sky Alternative Investments Limited Announces the Cessation of Andrew Morrison Day as Director Effective from 11 June 2019	19-06-11	CI
Blue Sky Alternative Investments Limited Advises Resignation of Andrew Day and John Mcdonald as Directors	19-06-11	CI
Blue Sky Alternative Investments Limited Announces Resignation of Joel Cann as Chief Executive Office	19-06-10	CI
Blue Sky Alternative Investments Limited Announces the Cessation of Robert George Kaye as Director Effective from 4 June 2019	19-06-04	CI
Blue Sky Alternative Investments Limited Announces the Cessation of Cheryl Edwardes as Director Effective from 21 May 2019	19-05-22	CI
Goldman Sachs, Blue Sky Reportedly Launch Atira Sale	19-05-17	CI
Blue Sky Alternative Investments Limited Appoints Justine Henwood as Chief Financial Officer	19-05-16	CI
Blue Sky Alternative Investments Limited Announces the Cessation of Byron Beath as Director Effective from 9 May 2019	19-05-09	CI
Blue Sky Alternative Investments Limited(ASX:BLA) dropped from S&P/ASX 300 Index	19-03-18	CI
Blue Sky Alternative Investments Limited(ASX:BLA) dropped from S&P/ASX All Ordinaries Index	19-03-18	CI
Blue Sky Alternative Investments Limited(ASX:BLA) dropped from S&P/ASX Small Ordinaries Index	19-03-18	CI
Blue Sky Alternative Investments Limited Announces Executive Changes	19-03-17	CI
Blue Sky Alternative Investments Limited Appoints Joel Cann as Chief Executive Officer, Effective April 15, 2019	19-03-12	CI
Blue Sky Alternative Investments Limited Announces Cessation of John Bruce Kain as Director	19-02-28	CI
Transcript : Blue Sky Alternative Investments Limited, H1 2019 Earnings Call, Feb 28, 2019	19-02-27
Blue Sky Alternative Investments Limited Reports Consolidated Earnings Results for the Half Year Ended December 31, 2018	19-02-27	CI
Blue Sky Alternative Investments Limited Announces Management Appointments	19-01-23	CI
Blue Sky Alternative Investments Limited Appoints Cheryl Edwardes as Director	19-01-09	CI
Blue Sky Alternative Investments Limited Appoints Robert George Kaye as Director	19-01-09	CI
Blue Sky Alternative Investments Limited Appoints John Michael McDonald as Director	19-01-09	CI
Blue Sky Alternative Investments Limited Announces Board Changes	18-12-09	CI
Blue Sky Alternative Investments Limited Announces the Appointment of Andrew Morrison Day as Director of the Company	18-12-02	CI

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Company Profile

Blue Sky Alternative Investments Limited (Blue Sky) is an alternative asset manager. The Company is engaged in managing alternative assets across various alternative classes, including private equity and venture capital, which specializes in funds that deploy capital to Australian businesses, primarily as expansion capital or late stage venture capital; private real estate, which specializes in funds that include a range of real estate investments focusing on student accommodation and residential development, and real assets, which specializes in funds that include a range of investments focusing on water entitlements, water infrastructure and agribusiness.

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