Darin Partners is very pleased to have completed the acquisition of Vanguard House
in Leeds, for £6.5 million (7.16% NIY), on behalf of a family office client.
The warehouse-style office is let for a term of approximately 12 years to Civica, a leading UK
software company, providing our clients with a long stable income return.
The Leeds market offers attractive fundamentals for office investment. The combination of limited
supply of grade-A offices and sustained occupational demand creates a true environment for
rental growth.
With an increasingly challenging backdrop to source and secure long let investments, we are
very pleased to have closed this deal for our client and look forward to acquiring more income
generating assets during 2022.
