HIG Capital has completed the acquisition of the 218,000 sq ft Anchorage Building in Salford Quays, Manchester.
The purchase is HIG’s 19th real estate investment in Europe since the start of 2013. The firm is targeting small and medium-sized opportunities with value-add components.
HIG managing director Riccardo Dallolio said: “This transaction further demonstrates our ability to secure high quality real estate assets where we can add value through a hands-on approach in the UK. We continue to invest in the UK regions in locations that will benefit from the economic recovery.”
