Portfolio

Aurora, Bristol

We were delighted to execute a successful business plan which ratifies our core investment thesis in delivering best in class modern, flexible and high quality accommodation with superior Alpha performance for our funds
Steven Wright, Director
Purchase Date
March 2016
Purchase Price
£3.9m
NIY
N/A - vacant plot
Fund
Palmer Capital Development Fund III
Property Company
Cubex
Features
  • 95,531 sq. ft. of office accommodation
  • BREEAM ‘Outstanding’ and LEED ‘Gold Standard
  • Spans seven floors, incorporating a stylish roof terrace, a secure basement car park and many features added to promote an inspiring and dynamic work environment
  • Sold for £62m to Royal London Asset Management
Purchase Rationale
  • Prime city centre location
  • Strong occupier demand
  • Designed to meet changing occupier needs
ESG

Certifications

  • BREEAM Outstanding
  • LEED Gold
  • EPC ‘A’

Resource efficiency

  • Rainwater harvesting and grey water recycling
  • ‘low flow’ fittings
  • Mechanical systems for heat recovery and night cooling
  • LED lighting with digital controls based on daylight and occupancy

Renewable energy

  • Roof-mounted photovoltaic panels
  • Health and wellbeing
  • Rooftop garden
  • Cycle storage
Location
  • Finzels Reach, Counterslip, Redcliffe, Bristol

Related Case Study Media

September 11, 2018

Cubex Land & Fiera Real Estate achieve record sale of landmark office, Aurora, for £62.13m

Cubex Land, a leading South West property developer backed by Palmer Capital, has successfully exchanged with completion to shortly follow, the Landmark Grade A office building, Aurora for £62.13m to Royal London Asset Management, achieving a 4.75% net initial

Read the article

January 08, 2018

Bristol’s landmark green office building Aurora now 40% pre-let after latest deal

International law firm Simmons & Simmons snaps up top two floors Aurora, the landmark green office building being developed speculatively at Finzels Reach, is now over 40 per cent pre-let

Read the article

September 22, 2017

Fiera Real Estate & Cubex Land secure first pre-let at Aurora

Cubex Land alongside Fiera Real Estate  has sealed its first deal at Aurora, Bristol’s greenest office building, which is currently under construction at Finzels Reach. Intellectual property specialist Mewburn Ellis

Read the article

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