Hamilton, Bermuda – December 22, 2017 – In a filing with The Bermuda Stock Exchange (the “BSX”), Zeno Capital Limited announced a Notice of Material Transaction. The full filing stated:
On 21 December 2017, Zeno Capital Limited, through its wholly owned subsidiary P43 Limited, acquired 100% of the issued units in the Riverbank House Unit Trust.
The Riverbank House Unit Trust is a Jersey Property Unit Trust that owns the long leasehold interest in Riverbank House in the City of London, UK (the “Property”).
The Property is leased to Man Group Plc on a fully repairing and insuring lease expiring in 2035.
Riverbank House is located between 95 to 103 Upper Thames Street, London.
The Property comprises 325,000 square feet of lettable area with underlying passing rent of £17,325,000.
The total acquisition cost was £370,000,000, funded with a combination of equity and existing debt facilities.
Disclaimer and Privacy Policy Complaints Policy
Copyright © 2024 by Bermuda Stock Exchange. All rights reserved!
Questions or requests for information can be emailed to info@bsx.com