Irish Life Investment Managers and Aberdeen Investments completed the acquisition of two logistics assets from Hines.

Synopsis

ABRDN Life-backed Irish Life Investment Managers, an asset management company, completed the acquisition of two logistics assets from Hines, a global real estate investment manager. Financial terms were not disclosed.

Principals

target

Hines (2 Warehouses In Madrid)

bidder

Abrdn (ex-standard Life Aberdeen)

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Market Context

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Bidder Team (2)

jason windsor

CEO at ABRDN PLC (EX-STANDARD LIFE ABERDEEN)

Investor

bidder

Deals

£ 3.80 B

Total Value

patrick burke

CEO at IRISH LIFE INVESTMENT MANAGERS (ILIM)

Manager

bidder

Deal

n/a

Total Value

Vendor Team (1)

laura hines-pierce

Co-CEO at HINES

Manager

vendor

Deals

£ 1.67 B

Total Value

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