An international real estate management firm has completed two property deals in the South West as it looks to grow its UK portfolio.
AEW, which has offices in Boston, London, Paris and Hong Kong, has brought in a change to its investment strategy for its UK Core Property Fund. The international firm said it seeks to capitalise on market inefficiencies and acquire attractively priced and high-quality multi-sector commercial real estate at the margins of prime locations across the UK.
Through this AEW has invested £8.9m in properties in Bath and Bristol, alongside £32.2m of investment in two other UK locations.