Henderson Makes UK Acquisitions
Henderson Global Investors has acquired two Thornfield entities from administrators for an undisclosed amount. The entities, Thornfield Properties (Winchester) Ltd and Thornfield Properties (Winchester) No 2 Ltd, were engaged in the development of the 55,700-square-metre Silver Hill scheme in Winchester, United Kingdom.
The Silver Hill scheme covers roughly one-quarter of Winchester, and is expected to comprise 8,800 square metres of retail space, including 2,300 square metres of foodstore, 1,700 square metres of office space, a 1,000-square-metre medical centre, 207 private residential units and 100 affordable residential units, as well as more than 500 parking spaces.
The acquisition was made on behalf of the Henderson UK Property Fund. “The development of this substantial area of Winchester is an exciting addition to our portfolio that fits well within our fund strategy for value-a