M&G Real Estate has acquired two key office buildings, Prospect House and Carisbrooke Court, totaling 52,053 square feet, located at Buckingway Business Park, Cambridge, U.K.
In partnership with Goya Developments, M&G plans to pursue an industrial redevelopment of the site, which adjoins their existing ownership at Buckingway Business Park. This project aims to address the growing demand for industrial and warehouse space in Cambridge, providing much-needed supply to a tight market.
During the sale process, Bidwells acted for the global pension provider, and Savills acted for M&G Real Estate.
