London, UK – Tikehau Capital, the global alternative asset management group, today announced the acquisition of 27 and 1035 Great West Road Brentford, in partnership with Areli Real Estate. The acquisition brings Tikehau Capital's total real estate investment commitment to the UK, in partnership with Areli Real Estate, to c. £160 million since 2019.

The assets, which consist of a 104,448 sqft office building, known as the Sega Building, a 15,945 sqft industrial building and 245 surface car parking spaces, are located on a 4.01 acre freehold site in Brentford, West London. The site is near the recently completed Brentford Community Stadium, which is at the heart of the area's regeneration as a bustling residential and commercial neighbourhood. The area is also well-connected to Central London and London Heathrow Airport via public transport and is located near the M4 motorway and the River Thames. 

The site has been identified by Brentford Community Council as suitable for a tall building cluster and a minimum of 500 homes, offering significant redevelopment opportunity as part of the continued regeneration of the Great West Road Corridor. 

The acquisition in Brentford marks the latest UK investment made by Tikehau Capital in partnership with Areli Real Estate, following the acquisition of sites in Maidenhead and Orpington in 2019, both of which are currently being planned as comprehensive new town centres. The planned redevelopment of Maidenhead town centre recently secured unanimous approval from the Royal Borough of Windsor and Maidenhead for a mixed-use town centre of more than 1.45 million sqft, which will see £500 million of investment in the town and is due to complete in 2026.

Frederic Jariel, Co-Head of Real Estate at Tikehau Capital, said: “We are delighted to announce the acquisition of this site in Brentford, which offers significant upside opportunity through redevelopment. It's location and strong transport links mean it is well-positioned to benefit from our expertise in regeneration projects and we're excited to bring our development plans forward in due course.” 

Rob Tincknell, Partner at Areli Real Estate, said: “We're pleased today to be extending our relationship with Tikehau Capital. As demonstrated by our recent planning success in Maidenhead and our ongoing work in Orpington, the partnership between our two firms is successfully generating mixed-use regeneration schemes that deliver real benefits to local communities.”

ENDS

About Tikehau Capital

Tikehau Capital is a global alternative asset management group with €28.5 billion of assets under management (at 31 December 2020).

Tikehau Capital has developed a wide range of expertise across four asset classes (private debt, real assets, private equity and capital markets strategies) as well as multi-asset and special opportunities strategies.

Tikehau Capital is a founder-led team with a differentiated business model, a strong balance sheet, proprietary global deal flow and a track record of backing high quality companies and executives.

Deeply rooted in the real economy, Tikehau Capital provides bespoke and innovative alternative financing solutions to companies it invests in and seeks to create long-term value for its investors. Leveraging its strong equity base (€2.8 billion of shareholders' equity at 31 December 2020), the firm invests its own capital alongside its investor-clients within each of its strategies.

Controlled by its managers alongside leading institutional partners, Tikehau Capital is guided by a strong entrepreneurial spirit and DNA, shared by its 594 employees (at 31 December 2020) across its 12 offices in Europe, Asia and North America.

Tikehau Capital is listed in compartment A of the regulated Euronext Paris market (ISIN code: FR0013230612; Ticker: TKO.FP).

For more information, please visit: www.tikehaucapital.com

About Areli Real Estate

Areli is a multi-disciplinary business, founded by Rob Tincknell and Andrea Vanni, offering services in development finance, development management as well as specialist mixed use, urban regeneration and placemaking. With its extensive global experience, knowledge and strong financial backing, in 2018 Areli entered into an investment partnership with Tikehau Capital to implement a UK wide urban regeneration strategy. Areli has specialist knowledge around regenerating struggling high streets and town centres.

Areli is also looking to build on our initial relationships by developing further partnerships with other financial institutions and real estate investors who share our goals and ambitions.

For more information, please visit: www.areli.co.uk

Press contacts: Tikehau Capital

Tikehau Capital: Valérie Sueur – +33 1 40 06 39 30

UK – Prosek Partners: Henrietta Dehn – +44 7717 281 665

press@tikehaucapital.com

Press contacts: Areli Real Estate 

Emma Waterfall: +44 7801 920 744 ewaterfall@cascadecommunications.co.uk

Simon Petar: +44 7909 051 402 spetar@cascadecommunications.co.uk