The O2 arena in south east London, could soon have a new owner.
Property advisers acting for the venue’s owner have begun contacting potential buyers in the hope of putting together a short list of interested parties this week.
They hope to attract offers of about £35m and conclude a sale by the end of next month.
The advisers, Savills and Michael Elliott, were hired by Quintain Estates and Lend Lease, the two property companies that own the O2 site in a joint venture called Meridian Delta Dome. They hope that the success of the O2, which is operated by US sports and entertainment company Anschutz, will help to attract a new investor such as a sovereign wealth fund or a high-net worth individual.