Any Gradle builds launched from Eclipse Luna SR1 (4.4.1) / Gradle IDE 3.6.2 fail

After upgrade from 4.4.0 to 4.4.1 all Gradle builds launched via Gradle IDE fail with exceptions like the following. Update to Gradle IDE 3.6.2 did not resolve the issue like it was supposed to in STS-3922 and STS-3923.

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Caused by: java.io.NotSerializableException: org.eclipse.osgi.internal.framework
.EquinoxConfiguration$1
at java.io.ObjectOutputStream.writeObject0(ObjectOutputStream.java:1184)
at java.io.ObjectOutputStream.writeObject(ObjectOutputStream.java:348)
at java.util.HashMap.internalWriteEntries(HashMap.java:1777)
at java.util.HashMap.writeObject(HashMap.java:1354)
at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
at sun.reflect.NativeMethodAccessorImpl.invoke(NativeMethodAccessorImpl.java:62
)
at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl
.java:43)
at java.lang.reflect.Method.invoke(Method.java:483)
at java.io.ObjectStreamClass.invokeWriteObject(ObjectStreamClass.java:988)
at java.io.ObjectOutputStream.writeSerialData(ObjectOutputStream.java:1496)
at java.io.ObjectOutputStream.writeOrdinaryObject(ObjectOutputStream.java:1432)
at java.io.ObjectOutputStream.writeObject0(ObjectOutputStream.java:1178)
at java.io.ObjectOutputStream.defaultWriteFields(ObjectOutputStream.java:1548)
at java.io.ObjectOutputStream.writeSerialData(ObjectOutputStream.java:1509)
at java.io.ObjectOutputStream.writeOrdinaryObject(ObjectOutputStream.java:1432)
at java.io.ObjectOutputStream.writeObject0(ObjectOutputStream.java:1178)
at java.io.ObjectOutputStream.defaultWriteFields(ObjectOutputStream.java:1548)
at java.io.ObjectOutputStream.writeSerialData(ObjectOutputStream.java:1509)
at java.io.ObjectOutputStream.writeOrdinaryObject(ObjectOutputStream.java:1432)
at java.io.ObjectOutputStream.writeObject0(ObjectOutputStream.java:1178)
at java.io.ObjectOutputStream.writeObject(ObjectOutputStream.java:348)
at org.gradle.messaging.remote.internal.Message.send(Message.java:40)
at org.gradle.messaging.remote.internal.DefaultMessageSerializer$MessageWriter.
write(DefaultMessageSerializer.java:62)
at org.gradle.messaging.remote.internal.inet.SocketConnection.dispatch(SocketCo
nnection.java:112)
... 25 more
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