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Henley and Sixth Street JV acquires Birmingham, England, shopping center
Investors - SEPTEMBER 24, 2021

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Henley and Sixth Street JV acquires Birmingham, England, shopping center

by Released

A joint venture between Sixth Street, a global investment firm, and Henley Investments, a private equity real estate firm based in London, has exchanged on the purchase of Martineau Place in Birmingham, England.

Consisting of nearly 300,000 square feet of retail, food and beverage, and healthcare space, Martineau Place is centrally located in Birmingham between the city’s Colmore Row office core, the new HS2 terminal, and the city’s prime retail area.

Current tenants at Martineau Place include Boots, Sainsbury’s, Argos, Poundland and Burger King, with a food occupier-led pedestrianized street known as Martineau Way running through the center of the project. Nearby, Hammerson is bringing forward the Martineau Galleries redevelopment, which would see 1,300 homes and 1.4 million square feet of offices built on the Square Shopping Centre, King’s Parade and Dale Street.

The investment follows the joint venture’s completion of Bedfont Lakes in May.

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