Two prime office buildings in South Wales have been acquired in a £29m deal.
Equitix Investment Management, advised by Cardiff-based property advisory firm Cooke & Arkwright, has acquired the freehold interest in the Ellipse building in Swansea and Nexus House in Newport from Legal & General Investment Management (LGIM).
The buildings, which together provide 92,000 sq ft of space, are let to the Welsh Government.