A prime Cardiff city centre building occupied by nightclub Pryzm has been bought in £3.62m deal.
AEW UK REIT plc has acquired the freehold interest in the near 40,000 sq ft building on Greyfriars Road from the pension fund of BAE Systems.
Pryzm, a subsidiary of Rekom UK, has 14 years remaining on the lease. It is understood that it pays an annual rent of around £300,000.
