Canada Life Investments aid purchase of £33.7m freehold

Roebuck Asset Management, alongside a consortium of South Korean institutional investors, have bought the freehold of Future House, Staines-upon-Thames for £33.7 million. The acquisition has been part financed by a senior loan from Canada Life Investments and was exchanged within eight weeks.

The 69,052 sq ft office has been refurbished following a new ten-year lease to Future Electronics for its EMEA headquarters. The deal offers an attractive secure income stream to a tenant embedded to the location with a guaranteed rental increase.

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