SEDCO Capital UK Limited, a subsidiary of Saudi Arabian asset management firm SEDCO Capital, has announced the conclusion of a European real estate investment of 137.5 million pounds ($179.9 million) on behalf of its parent company SEDCO Capital.
SEDCO Capital has acquired three properties across France and the UK as investments for its clients. SEDCO Capital UK Limited was involved in every aspect of the investment process.
The company assisted in the purchase of an office building in the Levallois Perret suburb of Paris in September. In the UK, it advised on the acquisition of two properties: a 25-acre distribution site in Yorkshire for $41.9 million and a 4.7-acre office complex in Bracknell, Berkshire for $46.4 million.
SEDCO Capital said that it expects the acquisitions in both the French and UK markets to deliver attractive yields and sustained growth.