Mayer Brown advises H.I.G. Capital on the acquisition of two regional shopping centres
Mayer Brown has advised H.I.G. Capital, a global private equity investment firm, on the acquisition of two regional shopping centres in the UK: The Kennet Centre in Newbury, Berkshire and the Kirkgate Centre in Bradford, West Yorkshire.
The 350,000 sq ft Kirkgate Centre was built in 1976 and was one of the original Arndale Centres. The 240,000 sq ft Kennet Centre was built in 1972.
The transaction represents H.I.G.'s 25th real estate investment in Europe since the start of 2013.