FUNDING DEAL FOR AURORA
Posted on April 11, 2016
Cubex and funding partner Palmer Capital are pleased to announce the funding of Aurora through the Palmer Capital Development Fund III (PCDF III) and underlying investors CBRE Global Investment Partners venture on behalf of pension fund clients.
Aurora occupies the gateway position to Finzels Reach in central Bristol. Construction has commenced on the consented office development which will provide 95,000 sq ft over seven floors of Grade A, BREEAM Outstanding space.
Gavin Bridge, Director at Cubex commented: “This partnership is an exciting new phase in the on-going development of Finzels Reach. Looking ahead we expect to deliver the office space during Q4 2017 and would like to thank our funders for investing in this speculative development.”