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.