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Brockton JV sells 3 buildings in Thames Valley, UK, for £285M

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Brockton JV sells 3 buildings in Thames Valley, UK, for £285M

A partnership between Brockton Capital LLP and Landid sold an approximately 545,000-square-foot portfolio of three grade A assets in the Thames Valley region of the U.K., according to Property Week.

The Spelthorne Borough Council acquired the Landid/Brockton portfolio, which comprises Thames Tower in Reading, The Charter Building in Uxbridge and The Porter Building in Slough. The assets house a group of tenants including Ericsson, Orange, HSBC, Lavazza, MBNL, BDO, Pret A Manger, Clarkslegal, Austin Fraser and the Make-A-Wish Foundation, the news outlet added.

Landid will act as the asset manager for the three buildings.

The sellers were represented by CMS and Herbert Smith Freehills, while JLL acted as their adviser. Cushman & Wakefield advised the council for the purchase.