6th December 2018

Cathedral Square, Guildford

120,000 sq. ft. of Grade A office accommodation in Guildford built in 2000. The building has prominent frontage onto the A3, with lettings to Avaya UK and Royal Bank of Scotland Plc.

PURCHASE

Purchased in December 2015 by Ediston with Europa Capital for £38.9m, reflecting a net initial yield of 8.05%.

ACHIEVEMENTS

  • Purchased neighbouring Building 3000 to complete campus.
  • Full design for refurbishment worked up and tendered with works started on site.
  • Regear completed with Avaya UK to take over 28,000 sq. ft.
  • Direct letting to RBS Plc completed for over 16,000 sq. ft.
  • Asset over 35% pre-let prior to commencement of refurbishment.
  • Building 3000 now fully let.

WEBSITE

Please visit http://cathedralsquareguildford.com for further details.

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