Europi Property Group and Trinova launch £200m JV investing in prime offices in the UK’s ‘Big 6’ cities
Swedish real estate investor, Europi Property Group, together with Trinova Real Estate has launched a new joint venture, ‘Citybee’. Initially, Citybee will seek to invest £200m in grade A, prime office assets within the UK’s ‘Big 6’ regional urban centres (Bristol, Glasgow, Edinburgh, Manchester, Leeds, and Birmingham). The JV, over the last six months completed on four seed assets for the strategy in Leeds, Glasgow, Edinburgh & Manchester. Minerva House in Leeds is a 100% occupied, prime, grade-A office asset in the heart of the city. The Cuprum Building similarly, is a 100% occupied,