United Kingdom–based Hillview Real Estate has acquired an office campus on the edge of Birmingham on behalf of its £300 million ($391 million) value-add Hillview Partners Property Fund III. The seller was Catalyst Capital.
The three buildings comprise six self-contained units, totaling 51,503 square feet, with a variety of occupants ranging from SMEs to international technology companies.
“Kings Court is an excellent first acquisition for our new fund, providing exactly the sort of opportunities for us to add value from upcoming lease events, refurbishment of units and regearing leases,” said Nadav Livni, founder of Hillview Group and fund manager of Hillview Real Estate. “I believe the six two-story, self-contained units will be highly attractive to companies seeking occupational flexibility and safety in the post-COVID environment, enabling tenants to drive and cycle to work, as well as having excellent amenities in close proximity.”
Hillview paid
