Corum acquires E.On Nottingham HQ

Corum XL, a fund managed by Corum Asset Management, has purchased Trinity House in Nottingham for £28 million, with CBRE acting on its behalf. 

The prime office building was built in 2012 and is single let to E.On. The building provides 105,000 sq ft of office space and benefits from excellent sustainability credentials, including a BREEAM ‘Excellent’ rating and an EPC rating of ‘A’.

Corum acquired the property from Charles Street Building Group, who had owned the property since the building’s construction, in an off-market transaction.

Offering high-quality office space, excellent sustainability credentials and in a prime city centre location, Trinity House is one of Nottingham’s leading office schemes. The building benefits from a blue-chip, committed tenant and at £19.50 psf offers clear future rental reversion potential in a market with a dearth of supply.

Alex Youell, Director, Investment Properties

CBRE advised Corum Asset Management on the acquisition, with ACRE advising Charles St Building Group on the sale.