US Tech Offices Portfolio

The US Tech Offices Portfolio consisted of five income yielding buildings spread across nearly 60 acres and located in North Carolina’s Research Triangle Park, the largest dedicated scientific research park in the US.

The Tech Offices Portfolio was leased to 16 tenants for an overall occupancy of 96% and featured an 18-acre land parcel capable of accommodating up to 270,000 square feet of additional development. The portfolio was purchased in partnership with Global Mutual, one of the fastest growing real estate investment management companies in US, UK, and Europe operating over £1.5 billion of assets under management.

The Portfolio, which consistently delivered the target yield over the holding period, achieved a profitable early exit in 2021.