Maya Capital; Cobalt 9b, Cobalt 15 & Eastgate House

http://www.maya-cap.com/

  • 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

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