Press

HDG Mansur Announces the Acquisition of Magellan Health Services, Inc. Office Building

05 June 2007

Indianapolis, IN – [June 2007] – HDG Mansur has completed the acquisition of Magellan Health Services, Inc. office building in Maryland Heights, Missouri, on behalf of the HSBC Amanah Global Properties Income Fund. This property consists of a single tenant office building that totals over 230,000 sq. ft. of rentable space, over 1,400 parking spaces and 21+ acres of land. The tenant, Magellan Health Services, Inc., has continually expanded and this building now serves as its largest facility in the United States.

Located in suburban St. Louis, this contemporary building has immediate access to I-70 and I-270 and is only minutes from the Lambert-St. Louis International Airport.

"This is the fund's first property located in the St. Louis area and we are pleased to have had the opportunity to acquire this fine property located in one of the top performing submarkets in the metropolitan statistical area," comments Harold D. Garrison, Chairman and CEO of HDG Mansur. "We look forward to entertaining more opportunities in the greater St. Louis market."


Notes to Editor:
HDG Mansur is an international real estate industry leader with 25 years experience in providing real estate fund and asset management services and property development services. These services are structured to support the specific requirements of high net worth individuals and their private banks, trust companies and financial advisors. As of March 31, 2006, HDG Mansur's business activity includes:
• $5.5 billion in international real estate investments
• $4.0 billion in real estate financing
• $1.2 billion in planned and managed equity
• $2.6 billion in current assets under management
• 28 million square feet in real estate investments
• 25 years of experience
• 3 offices worldwide – London, New York and Indianapolis. HDG Mansur is also establishing an office in the DIFC

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