Gatehouse completes sale of data centre for £28.1 million
LONDON, 16 December, 2015: Gatehouse Bank plc (“Gatehouse”), the London-based investment bank is pleased to announce the sale of a data centre located in the South East of England to clients of AXA Investment Managers - Real Assets. Gatehouse acquired the data centre in 2011. Since acquisition, the asset has provided investors with an attractive yield and a profitable exit.
Abdulaziz AlDuweesh, Chief Investment Officer said “Consistent with our approach, we entered the market for data centres ahead of others. Today, this is a well-accepted asset class, and the market for well-let data centres is strong. We are pleased to provide investors with an excellent return on their investment.” He added: “This transaction is the latest in a series of successful exits for our investors. The data centre is one of many unique investment opportunities which we have provided to our clients. Gatehouse’s reputation for high-quality investments is well-earned. We remain excited about the opportunities before us and look forward to a number of other positive announcements around our investment activity in the coming months.”
Gatehouse was advised by DTZ in this transaction.
As part of its expansion into the Residential Property Finance sector, Gatehouse Bank is pleased to announce the appointment of Mehwish Mirza.
As part of its expansion into the Residential Property Finance sector, Gatehouse Bank is pleased to announce two new appointments.
As part of the expansion of its activities and team, Gatehouse Bank plc is pleased to announce that Kenny Orpin has joined the bank as a Vice President with responsibility for the Bank’s growth in regional Commercial Real Estate Financing.