Publications

Transactions - NOVEMBER 20, 2018

Singapore fund buys €315m U.K. regional office portfolio

by Andrea Zander

The Elite U.K. Commercial Fund managed by Singapore investor Elite Partners Capital has completed the purchase of the Hayhill portfolio of U.K. regional offices from Telereal Trillium for a total of £282 million ($362 million).

IREN reported the transaction in February.

The Hayhill Portfolio comprises 97 regional offices let to the DWP on 10-year leases, totaling 2.6 million square feet.

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