ACRE Capital have completed on the disposal of York Biotech Campus to LXI REIT, on behalf of CBREIM, for approximately £53 million. The 81.9 acre / 381,903 sq ft campus is let to Capita Business Services with c. 25 years unexpired and is sub-let to circa 14 tenants with 75% of the income derived from UK Government agencies.
Location: York
Property Type: Office
Transaction Type: Disposal
Client: CBREIM
