The landmark office building, comprising 94,848 sq. ft. of high quality, Grade A office
accommodation arranged over ground and two upper floors and is fully let to Verisure, a leading
global provider of monitored security systems, with a WAULT of 14.1 years.
This is the fifth UK acquisition we have completed with BLME since 2017, and aside from the
long lease term, fixed rental uplifts, and good ESG credentials, we were attracted to the
investment as the tenant had recently increased their office space requirement from 30,000 to
almost 95,000 sq. ft. demonstrating their commitment to growing their business within the UK
from this office.
We are looking forward to working with BLME and the tenant, Verisure, to maximise value
throughout the investment period.
