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Birmingham Post
Birmingham Post
Business
Sion Barry

Two prime South Wales office buildings acquired in a multi-million-pound deal

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.

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