HIG Capital has completed the acquisition of two regional shopping centres.
It has purchased the Kennet Centre in Newbury, West Berkshire, and Kirkgate Centre, Bradford, for around £80m.
This transaction represents its 25th real estate investment in Europe since the start of 2013.
Riccardo Dallolio, managing director at HIG in London, said: “This follows our acquisition of the Grosvenor Centre in Chester in May of this year and further demonstrates our ability to secure attractive transactions in the UK retail sector which possess solid fundamentals but can benefit from the more active hands-on asset management we can provide”.
