Announced
Completed
Financials
Sources
Tags
Minority
United Kingdom
real estate services
Acquisition
Real Estate Services
Domestic
Private
Completed
Friendly
Single Bidder
Synopsis
Bruntwood, a real estate company, L&G Capital, a financial services company, and GMPF, a pension fund, completed the £500m investment in Bruntwood SciTech, a provider of office space rental services. "GMPF's investment, alongside the additional capital from Legal & General and assets from Bruntwood, will elevate the potential of Bruntwood SciTech even further, accelerate the delivery of our expansion pipeline, and maintain our market leading position as the workspace provider of choice for innovation-led businesses," Chris Oglesby, Bruntwood CEO, Bruntwood SciTech Executive Chair.
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