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Announced

Completed

HIG Capital completed the acquisition of Tavis House from Macquarie for $46m.

Financials

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Transaction Value£33m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Private

office building

Completed

Real Estate Holding and Development

Private Equity

Real Estate

United Kingdom

Cross Border

Friendly

Acquisition

Majority

Synopsis

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HIG Capital, a private equity and alternative assets investment firm, completed the acquisition of Tavis House, a 10-floor office building, from Macquarie, a provider of flexible primary capital and secondary market investing solutions, for $46m. “Tavis House has been a very successful investment for us and in-line with our strategy has delivered stable capital returns and a long-term income stream - and we wish HIG Capital all the very best with the property in the future," Alexi Antolovich, Macquarie Global Co-Head Real Estate.

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