Parmer Innovation

Location: U.S. and U.K.

Size: 5,800,000 square feet

Developable land: 820 acres

Global Mutual is the asset manager of Parmer Innovation Centers (“PIC”), which owns, operates and develops high quality campuses in the U.S. and U.K. with a particular focus on science, technology and financial occupiers.

PIC currently owns 7 campuses and creates value by refurbishing and developing space to a best-in-class standard which is then leased to credit tenants on long agreements. Stabilised assets have either been retained for cashflow or sold to recycle capital.