Hillwood have sold their investment in Bristol, let to EVRi, of 113,573 sq ft to Swiss Life Asset Managers, for an undisclosed sum. This represents Swiss Life Asset Managers’ first UK acquisition on behalf of its pan-European industrial and logistics fund.
The unit located in prime Avonmouth, Bristol, was developed by Hillwood in 2022 in conjunction with an adjacent unit of 107,738 sq ft, pre-let to Oxford Instruments and pre-sold to AXA.
Bob Tattrie, UK Managing Director for Hillwood commented, “We are delighted to have concluded this sale to Swiss Life Asset Managers, we develop best-in-class, with high ESG credentials, industrial and logistics units which are very attractive to occupiers/tenants but also investors. This scheme meets all those criteria.”
Hillwood UK were advised by CBRE and Swiss Life Asset Managers by Russell Property Consultants.
