Oryx acquires Peugeot’s UK HQ
DealsDecember 2020Through one of its deal-specific funds, Oryx has acquired Peugeot’s UK HQ in Coventry. The acquired property comprises a 14-acre land plot with two separate buildings, a c.106,700 sq. ft. office, and a c.59,100 sq. ft. industrial warehouse, both fully leased to Peugeot for another eleven years, with two RPI-linked rent reviews remaining. This acquisition forms part of Oryx’ income strategy and was acquired on an all-equity basis, with capital sourced from the existing investor base.
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Oryx Real Estate Partners UK Limited is an appointed representative of Langham Hall Fund Management LLP, an entity which is authorised and regulated by the Financial Conduct Authority of the UK.