Acero has been shortlisted for the ‘Property Deal of the Year’ at the upcoming Sheffield City Region Property Dinner being held on the 4th July.
Catella APAM (“APAM”) acquired the asset for £26.6M on behalf of Britannia Invest A/S (Britannia) in May 2018 having identified the opportunity to attract new occupiers and build on the success already seen at Digital Campus.
Improvement works on the reception and upgrades to the basement amenities are compatible with the buildings high-quality design and as a result has attracted a wide range of businesses.
Rob Darrington, CPP said: “The acquisition of Acero by APAM showed shrewd market knowledge, acquiring a predominantly vacant office in Sheffield. Acero is a leading example of what occupiers are looking for in terms of location and quality, evidenced by now being 100% occupied.”
Peter Whiteley, Knight Frank comments: “This prime grade A 80,000 sq. ft office building was speculatively built by Scarborough Property Group. Located opposite the rail station, it has been well received by occupiers. The building has achieved market leading rents for the City. Knight Frank , CPP, and Collocco were joint letting Agents throughout.”
The property dinner is a highlight in the Sheffield property calendar and celebrates another year of fabulous achievements across the sector and we are therefore delighted to have been shortlisted!
For the full article & to book tickets as well as vote please click here.