Osborne Clarke advises Palmer Capital on c.£62M record sale of landmark office in Finzels Reach
International legal practice Osborne Clarke has acted for Palmer Capital on the acquisition of the Landmark Grade A office building, Aurora.
Backed by Palmer Capital, Cubex Land has successfully completed the sale of Aurora for £62.13m to Royal London Asset Management, achieving a 4.75% net initial yield. Aurora has been the only speculative office development under construction in Bristol and has therefore been able to secure record headline rents throughout its construction.