London - Mayer Brown has advised H.I.G. Capital, a global private equity investment firm, on the acquisition of two regional shopping centres in the UK: The Kennet Centre in Newbury, Berkshire and the Kirkgate Centre in Bradford, West Yorkshire.

The 350,000 sq ft Kirkgate Centre was built in 1976 and was one of the original Arndale Centres. The 240,000 sq ft Kennet Centre was built in 1972.
The transaction represents H.I.G.'s 25th real estate investment in Europe since the start of 2013.

Chris Harvey, Real Estate partner at Mayer Brown, said: “This investment demonstrates H.I.G.'s ability to successfully secure value added assets in the UK market. We are delighted to advise H.I.G. as it continues to add to its sizeable real estate portfolio.”

Mayer Brown also advised H.I.G. on the purchase of the Grosvenor shopping centre in Chester, Cheshire for approximately £65 million in May 2015.

The Mayer Brown team was led by Chris Harvey and included Real Estate senior associates Kirsty Harrower, Danielle Gerber and Chris Edwards; Corporate & Securities partner Jeremy Kenley, senior associate Dominic Palmer and associate Salma Daneshmand; Construction partner Jonathan Olsen-Welsh and associate Peter Parten; Tax Transactions & Consulting partner Sandy Bhogal, senior associate Simon Slade and associate Kitty Swanson; and Employment & Benefits associate Kayne Jonsson.