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EQ Bristol

State-of-the-art Net Zero office building in central Bristol, developed by longstanding PCP partner.

The EQ building is c. 190k sq ft office building in the central business district of Bristol. The building is built to the highest ESG standards and will also offer the widest range of amenities of any commercial building in Bristol, designed to maximise sustainability, productivity and wellbeing for those who work here. PCP appreciates the strong ESG aspect of the building as well as the central location of the building in the growing Bristol market where there is a demonstrated increase of demand for high quality office space. The transaction sees PCP partnering with CEG, a trusted partner with long experience and strong track record from development projects in the UK. PCP provided a GBP 78 million term loan to ASE III (Bristol) Limited, an investment vehicle managed by CEG.

EQ Bristol

Country

United Kingdom

Industry

Construction

Fund Strategy

Corporate

Situation

Capex

Year of Investment

2022

Year of Exit

2024