This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Hillview Real Estate acquires Station Square in Swindon
25 October 2018Hillview Real Estate, the UK regional office investor, has acquired the Station Square office building in Swindon for £8.5 million, reflecting a net initial yield of 7.84%.
Station Square comprises 47,742 sq ft of grade A office space on Gloucester Street, just a two-minute walk from Swindon rail station. The four-storey office building is let to six tenants, including Prepay Technologies, Arthur J Gallagher (UK), Amey OWR and Reed Specialist Recruitment.
The acquisition on behalf of Hillview Partners Property Fund II continues Hillview’s focus on investing in multi-tenanted, institutional-quality, regional office assets that offer significant value creation through asset management.
Nadav Livni, founder of Hillview Group and fund manager of Hillview Real Estate, said:
“Station Square is the best office building in Swindon. We are offering tenants a great location and occupational experience and the opportunity to re-gear and extend their leases.”