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Bruntwood And L&g Create £360M Science And Tech Property Venture | News | Ipe Ra

by realassets.ipe.com posted 8months ago 28 views
The partners will invest capital, property and intellectual assets into Bruntwood SciTech. : Property firm Bruntwood and Legal & General Capital have set up a £360m (€408.4m) UK science and technology property partnership. The duo said they have established the 50:50 partnership and will invest capital, property and intellectual assets into a new company known as Bruntwood SciTech. The plan is to grow Bruntwood SciTech’s current assets of 1.3m square feet to over 6.2m square feet over the next ten years, increasing the value of the portfolio to £1.8bn.

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