EY is conducting a Court-approved sale process (the “Sale Process”) to market and sell the real estate holdings of the Conservatory Group (the “Conservatory Group Assets”). Any parties who are interested in purchasing some or all of the Conservatory Group Assets (each, a “Potential Bidder”) and would like access to certain non-public information relating to the Conservatory Group Assets (the “Confidential Information”), solely for the purpose of conducting due diligence relating to the potential acquisition of same, will be required to provide the Sales Officer with the following deliverables:
- An acceptable executed Non-Disclosure Agreement (“NDA”); and
- Completion of the Phase 1 Bidder Qualification Form
The Sales Officer will evaluate these deliverables provided by each Potential Bidder in order to determine, in its sole discretion, whether such Potential Bidder will be deemed to be a “Phase 1 Qualified Bidder” as defined in the Sale Process. Each Phase 1 Qualified Bidder will be granted access to the Confidential Information as well as a process letter setting out the key milestones of the Sale Process, and other Sale Process protocols.
The Sale Process commenced on October 29, 2025. Phase 1 non-binding letters of intent are due by March 26, 2026.
[Note: The Sales Officer shall have the right at any time during the Sale Process, in its sole discretion, to remove any Conservatory Group Assets from the Sale Process without prior notice to any Potential Bidder]