Off Market Commercial Investments
Very simply the word “Off Market” really means that something is for sale but not publicly for sale. This could be a Hotel, Commercial office building, Shopping Mall, Holiday Resort, Residential property portfolio or anything similar.
Owners of these types of assets approach companies such as Gray Stuart to privately find a buyer for these assets without alerting the general public these assets are for sale. There can be many reasons for this but if we look at a Hotel as an example it is pretty clear you wouldn’t want your customers to know that the hotel they are staying in that they really like is for sale. This would be similar for Resorts. In the commercial sector the reason could something as simple that they do not want their competitors to know that they are disposing of certain assets and have that used against them.
Another reason for marketing their assets “Off Market” is that the owners want to have potential buyers screened and assessed to make sure they are suitable potential purchasers and have the financial resources to complete the sale of their asset.