LONDON—Lionstone Investments, a privatelyowned, US-based real estate investment company headquartered inHouston, has partnered with London-based Hermes RealEstate to launch a new real estate investment program,capitalized with an initial $250 million of equitycommitments.
Lionstone-Hermes Real Estate Venture willinvest primarily in office properties in high-growth USmarkets. The vehicle is being formed with an open-endedstructure allowing for longer term holds of high-qualityassets.
The venture represents the first partnership between Hermes RealEstate and Lionstone, and Hermes Real Estate's only vehiclepursuing office properties in internationally competitive UScities. This also represents a continuation of Lionstone's strategyto invest in well-located office properties inhighly targeted markets with unique demand drivers and soundfundamentals. Both parties are excited to pursue what they view asa large-scale opportunity.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
