Major HQ building acquired
Hardington Capital has completed the acquisition on behalf of a corporate client of Matheson House, Telford. The head quarters building, let to Capgemini (UK) PLC, amount to circa 131,000sqft of high quality office space for a term of just over 7 years.
The buildings were bought pre-marketing at a NIY of circa 8.2% for £13.5M. BSB were the selling agents. Hardington Capital will act as ongoing asset manager.