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Macob reports string of sales at Welsh office park

South Wales developer Macob has sold more than £7.8m worth of office stock at its 12-acre Bocam Park, Bridgend.

Yields of between 6.2% and 6.5% have been achieved for lots originally let at circa £13.50 per sq ft.

Deals include the sale of 27,800 sq ft occupied by The Ombudsman for Wales and the Welsh Blood Service to Landmarq LLP for £5.6m.

Work has been completed on the first phase totalling 64,500 sq ft while the next phase of Bocam Park will see the construction of a further 112,000 sq ft.

Emanuel Jones represented Macob. King Sturge acted for Landmarq.

References: EGi News 15/08/06

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