- Acquisition of two separate assets in Cobalt Business Park in Newcastle and of Eastgate House in Cardiff City Centre
- In total, £41.5 million of equity capital invested since the beginning of 2015
- Nearly half of £100 million strategy already invested
Cobalt 9b is a 52,000 sq. ft. office building let to Siemens Energy Service for £8 million at a net initial yield of 9 percent.
Cobalt 15 is a 93,500 sq. ft. office building let to the Department of Work and Pensions for £13 million at a net initial yield of 10.1 percent
Eastgate House is a 95,700 sq. ft. multi-tenanted office building, let for £7.5 million at a net initial yield of 10 percent. The University of Cardiff and the Secretary of State are the principal tenants